Monday, January 23, 2012. Short sales are very much worth purchasing. A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed. Plain and simple - this happens because the seller cannot sell their property for what they owe. Steps in a Short Sale.

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Real Estate Repo News, Articles And Foreclosure Resources. Real Estate News and Foreclosures For Sale. Bank and Government Foreclosure News. Monday, February 2, 2009. In Idaho, the foreclosure properties. Are mainly achieved via an non judicial settlement. Typically it takes about five months for such a process. Any individual can participate in the bid,.

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