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Selling A Home For Less Than The Mortgage |
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Can a home seller sell a home for less than its mortgage?Yes, in some case you can sell your Charleston SC home for less than what you still owe on the mortgage. But it is complicated and depends on the lender. This situation is known as a "short sale." Sometimes a lender will be willing to split the difference between the sale price and loan amount, which still must be paid.
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NEW YORK -- Charleston has defeated Atlanta and Richmond, Va., for the title of America's Best Tennis Town. 
As the Nov. 2 governor's election approaches, reporter Robert Behre is talking with Republican Nikki Haley and Democrat Vincent Sheheen on the biggest issues facing the state. The first installment in the series focuses on jobs and the economy. 