Every human is born with rights that the government cannot take away.
the answer is The majority leader
Answer: All of the following statements are true regarding a short sale <u>except:</u>
- Legal costs should be lower with a short sale than with foreclosure.
Explanation:
A short sale is when an owner <u>sells his house for less money than he owes </u>in the payment of the property. The homeowner negotiates a discounted payment with his mortgage company without having to arrive with cash to cover the deficit. At the end of a short sale, the mortgage and property liens will be considered satisfied and any foreclosure process will be stopped.
Foreclosures are made by people who really do not have the money and cannot settle small fees. Although this will give you more credit deductions, <u>you will save any fees charged.</u>
