Short Sale Assistance refers to a real estate transaction in which the lender agrees to accept less than the total amount due on a mortgage loan, allowing the property to be sold and the excess debt to be forgiven. Full definition
There are several benefits with short sale assistance, including no cost to the seller, no impact to security clearance and minimal impact to the seller's credit score. (vahomeloancenters.org)
You may be eligible for short sale assistance, which means you'll pay nothing out - of - pocket, and your credit will be minimally impacted. (vahomeloancenters.org)