Lenders use escrow accounts to save money to pay for expenses including property taxes and homeowners insurance fees.
While a short sale can benefit the seller, there are also some perks involved for buyers of short sale properties.
When word gets out that you're thinking of selling your home, you'll probably hear from a lot of Realtors eager to list your property. As with any profession, some Realtors are better than others.
Taking a nontraditional approach to buying a home - such as bidding on a short sale - can save you a lot of money.