Short sale real estate investing is when a developer purchases a property for less than the mortgage amount owed. These types of deals became more popular after home prices collapsed several years ago. As values took a serious dive, many homeowners owed a lot more than their property was worth.
A house serves as the centerpiece to everyday life as well as the backdrop to years of creating memories. This is what makes it a home. For those who participate in the residential real estate market, a house is a hard asset, which in turn, makes it more of an investment – possibly the largest some will ever own.