"When a sale won't cover what's owed and the lender has to agree."
Short sales
Nov 4, 2026
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7 min read
For agents whose short sale lender sent an arm's length affidavit. Learn what it says, who signs it and what to disclose.
+1
Nov 3, 2026
9 min read
For agents with a seller in trouble: spot a rescue scam, warn your seller, know where to report it and check your own short sale rules.
8 min read
For new agents: what forbearance means, what can happen when it ends and the five questions to ask a seller who wants to sell.
Oct 30, 2026
For new agents: how a deed in lieu and a short sale differ, who decides and what your seller should ask the servicer.
Oct 29, 2026
6 min read
For agents with a seller behind on payments: estimate what a sale will leave after selling costs, the loan payoff and other liens.
11 min read
This guide breaks a short sale into 7 steps. See what happens at each one, who's involved and how to tell a step is really done, from first call to closing.
+2
Oct 28, 2026
4 min read
For agents weighing short-sale, REO or corporate referrals: check your coverage area, follow-through time, pricing reasoning and updates first.
For agents meeting a homeowner in default: check value, the real payoff, other liens and selling costs before anyone calls it a short sale.
Beginner
+3
For agents new to distressed homes: what default, foreclosure, short sale and REO (lender-owned) mean and what to check before you advise anyone.
3 min read
For agents meeting homeowners behind on payments: how to compare value, payoff, liens and selling costs to see if a sale would really be short.
Learn what a short sale is, how to check the shortage, who does what and the six stages from first call to closing.
5 min read
For agents starting a short sale file: how to get the current checklist, explain each request and collect documents securely.
Learn what to check, track and tell people after a short sale offer is submitted, from receipt and missing items to counters and approval conditions.
For agents: how to spot second mortgages, HELOCs, unpaid taxes and other liens early, so your seller's proceeds estimate holds up.
For real estate agents: what a homeowner's third-party authorization covers, what it doesn't and how to confirm the servicer accepted it.
Compare beginner entry points in homeowner support, short sales, BPOs, buyer work and REO without assuming every agent should follow one path.
+4
For agents working with homeowners behind on payments: plain meanings for 48 short sale, loss mitigation and broker price opinion (BPO) terms.
