Archive for October, 2010

What is a Short Sale?

Hello,
I’ve been eying this Downtown Tampa, FL 1 bedroom condo that is listed for $141,000 but it’s a short sale. What does short sale means and what are the pros & cons of buying a condo that is consider short sale?
Please help!
Signed Eager Buyer
short sale is when the owner owes more on the mortgage then [...]