What is a Short Sale in Real Estate?

What exactly is a short sale in real estate—and how does it affect buyers and sellers?

In this Two-Minute Tuesday, I break it down in plain English. You’ll learn what a short sale is, why a seller might consider it, what buyers need to know before jumping in, and some of the most common questions I hear about short sales.

Whether you’re thinking of selling your home or you’re a buyer hoping to score a deal, this quick video will help you understand the process and set the right expectations.

Also be sure to check out my other Two-Minute Tuesday videos for more real estate tips and insights that cut through the jargon and get straight to the point!

Timestamps:

0:00 – Introduction
0:18 – What Is a Short Sale?
0:38 – Example of a Short Sale Situation
1:11 – Why Sellers Consider Short Sales
1:28 – What Buyers Should Know
1:47 – Common Questions About Short Sales
2:12 – Is a Short Sale Worth It?
2:28 – Final Advice: Talk to a Real Estate Professional

#shortsale #ForeclosureAlternatives #homebuyingadvice #realestateeducation

Alex Schult CA DRE License # 02236174 KW Spectrum Properties
📲 Text: 949-726-2601
📧 Email: aschult@kw.com

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DISCLAIMER:
This video content is intended for informational, educational, and entertainment purposes only. Neither Living in California nor Alex Schult is a registered financial advisor, attorney, or tax professional. While we have taken reasonable steps to ensure the accuracy of the information presented in this video, we cannot guarantee that it is free from errors or omissions. Any reliance you place on the information provided is strictly at your own risk. Additionally, your use of the Living in California YouTube channel and any communication through this platform, including but not limited to YouTube comments, emails, or messages, does not establish a formal business relationship with Alex Schult or Living in California. For specific advice related to your real estate, financial, or legal needs, we recommend consulting with a licensed professional in the relevant field.