A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens' full amounts. Whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency. Short sale agreements do not necessarily release borrowers from their obligations to repay any shortfalls on the loans, unless specifically agreed to between the parties.
White Marsh, Md is located not far from I-95 Corridor , Medical Offices, and local Shopping Malls. If you would like to view either of these homes or any other White Marsh Homes For Sale, or any property in Eastern Baltimore County, Baltimore City or Harford County please give me, a call.
I specialize in getting you the Keys for your New Home.
Call Me Today and Exit Tomorrow !