A short sale is when the lien holder bank takes less than the debit owed on the property. Often times better than a foreclosure (but not always). When a homeowner can no longer pay their mortgage for reasons such as job loss, divorce, health status or death of an adult family member, or even a job transfer with the housing market not baring a sale price to cover what is owed on the property. These are the same reasons you run into foreclosures.The seller usually has to call the bank and request to go through this process. This can be before the home is listed or while it is listed. The home owner often times has to prove hardship and explain reasons for needing to do this.A short sale will effect your credit, but from what I have been told from mortgage lenders that I work with is that... 02/04/2016

This Gorgeous 3 Bedroom, 2 Bath Brick Ranch is very conveniently located in a safe and comfortable area. It is on a large level corner lot at the intersection of Leechburg Road and Frandor Drive. Frandor Drive is a cul-de-sac so there is no thru traffic on the side street. The home was a one owner since it was built in the 1950’s. It has just been meticulously updated with a new ceramic kitchen & bath, new roof, new electrical, new paint, and all new kitchen cabinets & appliances. The professionally refinished hardwood floors are outstanding. It has gas forced air heat, central air conditioning, and a whole house exhaust fan system. On the 1st floor you will find the kitchen, dining room, living room, bathroom, and the 3 bedrooms. The full size basement is finished with another bathroom... 08/31/2009