short sell

Though many people aren’t overly familiar with the term, “short selling” has been around for a long time. Basically, short selling one’s home means they’re willing to sell the home for less than what it’s worth.
There are two main reasons someone would want to do this. The first is to get away from the house for personal issues. This has been used over the years for divorced couples looking to get away from each other as quickly as possible. They might try to sell the home at a profit first, but they won’t wait long, and they’re willing to take a loss just to move on with their lives.

