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MARY W JONES
Avision Realty
159

We sell real estate. We specialize in REO Foreclosure homes, BPO, Short Sale. If you are facing foreclosing, let me sell your house as a short sale. It will help you save further damages to your credit. A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan.[1] It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.[2]

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2011


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MARY W JONES is one of a number of Huntsville Realtors who works in the Huntsville, AL office of the Avision Realty real estate brokerage.

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