A short sale realtor is required only in case where the unsettled debt against an asset becomes more than the value of the property. It is a great way by which a borrower can pay off his unpaid loan amount to the lender with the amount received from the selling of the property. This would also successfully avoid foreclosure on their credit record.
Although the selling procedure does not cover the entire balance that is outstanding, still the lender accepts the amount at a reasonable loss which is far better than not getting any return from the borrower. In order to initiate the process of short sale realtor, both the parties must give their mutual agreement so that it benefits both of them. Without this process, things could have
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