My perspective on Hilton Head Island SC short sales
In today’s blog I would like to share a little of my real estate knowledge and define Short Sales and discuss them a little bit to clear things up. A Short Sale is a real estate transaction where the seller’s proceeds are not enough to cover the mortgage, liens and closing costs. In addition, the seller does not have the necessary funds to cover these expenses themselves. This is an important difference in that sales close everyday where the seller has to come up with their own money to cover these costs and these sales do not fall under the definition of Short Sale. For more info on short sales and some of the available Sea Pines Hilton Head real estate check out my real estate website. RandysRealEstate.com
