Question

A short sale is when a house is sold _____.

Select the best answer from the choices provided.
A.
for less than what a person paid for it
B.
for less than the mortgage owed on it
C.
before the mortgage is paid out in full
D.
because the owner is in bankruptcy proceedings

Answer 1

a short sale is when a house is sold for less than what the mortgage is.

answer: B. for less than the mortgage owed on it