Jennifer Ellison’s Post

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REALTOR® at La Rosa Realty

🏡 Time for a real estate quiz! 🤔 Can you define what a “short sale” is in real estate? Share your answer in the comments below! The correct answer is D! 🎉 A short sale occurs when a property is sold for less than what is owed on the mortgage. This usually happens when the homeowner is facing financial difficulties and the lender agrees to accept less than the full amount owed to avoid foreclosure. 🏠💸 Have more real estate questions? Drop them below! 👇📩 #realestatequiz #shortsale #realestatetips #propertyknowledge #homebuyingtips #realestatedefinitions #mortgageadvice #realestatefacts

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Derek R. Gisriel

Top rated property management in Florida and Texas. We help Airbnb owners double their income in 90 days or we will work for free until we do

2mo

Thanks for breaking it down! 

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