Vocab Bloom Hub

short sale

/ʃɔːrt seɪl/

1 entry

phrase

/ʃɔːrt seɪl/C1formalbusiness
  • ruСделка с недвижимостью, при которой объект продаётся по цене ниже суммы, оставшейся по ипотеке, и кредитор соглашается принять уменьшенную сумму в качестве полного погашения долга.

A real estate transaction where the property is sold for less than the amount owed on the mortgage, with the lender agreeing to accept the reduced amount as full payment.

  1. Real estate transactionC1formalamerican

    A sale of a property where the proceeds are less than the amount owed on the mortgage, requiring lender approval.

    ruКороткая продажа

    • The bank approved the short sale of the house to avoid foreclosure.
    • They sold their home through a short sale because they could no longer afford the mortgage.
    • Short sales can be a lengthy process due to lender negotiations.