Does a Sale Really Clear What You Owe?

Diagram for absentee owners comparing a lender-approved short sale to one without approval and the mortgage shortfall each leaves behind

Part 6 of a 6-part series on understanding your net proceeds as a seller — written for absentee owners weighing a short sale. This series opened with a simple correction: your online estimate isn’t your payout. Part 2 broke down what’s actually on a seller net sheet, line by line. Part 3 asked the question … Read more