CONSUMER TIPS – REAL ESTATE SHORT SALES

In today’s real estate market, many Missouri home buyers and sellers are considering an optionknown as a “short sale,” which allows a buyer to pay less than what’s owed on a property. Bysome estimates, short sales accounted for as much as 10 percent of all home sales nationwide inthe past year. The Missouri Real Estate Commission is warning buyers, sellers and real estatebrokers that this process