Short sales offer alternative to foreclosure
Short sales offer alternative to foreclosure November 18th, 2008 More homeowners facing foreclosure are turning to short sales as a way of getting out of a troubling financial situation and with the shaky real estate market, more banks are accepting short sales from troubled borrowers. At the beginning of November, there were about 1,600 homes on the market in the Tri-Cities and about 30 of those are seeking bank approval for short sale. With the average cost of foreclosure around $38,000, t
Original post by Tri-City Area and Real Estate Blog