short sale Synonyms
No Synonyms and anytonyms found
short sale Meaning
Wordnet
short sale (n)
sale of securities or commodity futures not owned by the seller (who hopes to buy them back later at a lower price)
short sale Sentence Examples
- The desperate homeowners were forced to consider a short sale to avoid foreclosure.
- A short sale is when a lender agrees to accept less than the amount owed on a mortgage.
- Buyers seeking a bargain often jump at the opportunity to purchase a short sale property.
- Short sales require extensive paperwork and approval from all parties involved.
- The process of completing a short sale can be lengthy and stressful.
- Banks are often reluctant to grant short sales due to the potential loss of revenue.
- Borrowers with poor credit or underwater mortgages may be eligible for a short sale.
- Investors looking to flip properties sometimes utilize short sales to maximize profits.
- Short sales can negatively impact a homeowner's credit score, albeit less severely than foreclosure.
- Real estate agents specialize in short sales can guide homeowners through the complex process.
FAQs About the word short sale
sale of securities or commodity futures not owned by the seller (who hopes to buy them back later at a lower price)
No synonyms found.
No antonyms found.
The desperate homeowners were forced to consider a short sale to avoid foreclosure.
A short sale is when a lender agrees to accept less than the amount owed on a mortgage.
Buyers seeking a bargain often jump at the opportunity to purchase a short sale property.
Short sales require extensive paperwork and approval from all parties involved.
