What to Know Before Buying a Short Sale by Apple Bass In light of the U.S.�s current economic state, many people are finding it difficult to make ends meet. Coupled with wide-spread job losses, the housing market has also seen a dramatic decline. Families are struggling Giuseppe Zanotti Lorenz Fringe Wedge Sneakers In Red to pay mortgages, and are sometimes faced with the prospect of their lender foreclosing on their home. Although this is happening all across the country, Tampa, Florida real estate has seen a near epidemic of just this scenario. WHAT IS A SHORT SALE?Selling the property may be the only way for some homeowners to avoid foreclosure. And if the homeowner owes more on the property than it is worth on the real estate market then the only possible way to sell it is through a �short sale�. A short sale, simply put, is where a home is sold for less than ... Read more »