"Ask The Agent": What's the difference between a Short Sale, an REO and a Foreclosure?

I get this question a lot – especially with the media throwing around these terms almost interchangeably, it’s hard to know what each one means, and how they relate to each other.

What’s the difference between a short sale, an REO and a foreclosure:

Did that answer the question for you?  Have more questions?  Just comment below, email me or give me a call.

~Christina

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