Short Sale vs Foreclosure – What’s the Difference in Bucks County?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If you stop making your house payments… your lender has the right to foreclose on your property...

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