11/21/2025
Mortgage Term of the Day:
A short sale happens when a homeowner sells their property for less than the amount owed on the mortgage.
⚠️ The lender must approve the sale since they’re agreeing to accept less than what’s owed.
💡 It’s often an alternative to foreclosure and can help minimize credit damage.
Sasha McDonald Realtor
Real Broker LLC
336-906-6693