{"id":1882,"date":"2010-01-12T15:14:21","date_gmt":"2010-01-12T20:14:21","guid":{"rendered":"http:\/\/www.DuncanWierman.com\/content\/?p=1882"},"modified":"2010-01-13T09:15:16","modified_gmt":"2010-01-13T14:15:16","slug":"what-is-a-short-sale-defined","status":"publish","type":"post","link":"https:\/\/www.duncanwierman.com\/content\/what-is-a-short-sale-defined\/","title":{"rendered":"What is a Short Sale defined"},"content":{"rendered":"<h1>Understanding the Short Sale<\/h1>\n<p><strong>Short Sale<\/strong>: In real estate, a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagee.<!--more--><\/p>\n<p>Extenuating circumstances delegate whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market climate and the individual borrower&#8217;s financial situation.<\/p>\n<p>A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding the Short Sale Short Sale: In real estate, a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagee.<\/p>\n","protected":false},"author":939,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[303],"tags":[],"_links":{"self":[{"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/posts\/1882"}],"collection":[{"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/users\/939"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/comments?post=1882"}],"version-history":[{"count":5,"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/posts\/1882\/revisions"}],"predecessor-version":[{"id":2028,"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/posts\/1882\/revisions\/2028"}],"wp:attachment":[{"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/media?parent=1882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/categories?post=1882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duncanwierman.com\/content\/wp-json\/wp\/v2\/tags?post=1882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}