Redding CA Short Sale -Chase Bank and Loan Modifications.

What is a short sale?

A short sale is the term banks and Realtors use when a home is sold for less then is owed on it. The bank is accepting less money then originally promised and is getting paid “short” on the loan.

What is a loan modification?

A loan modification is when there is a permanent change to the terms of a mortgage to make it more affordable for