Jim Leebens is an expert in foreclosure and short sales of homes. A “short sale” is when a property is sold for less than the mortgage. The lender usually only allows that to happen when the homeowner has some sort of economic or medical hardship.

Leebens says there is a lot of bad information out there about short sales and foreclosure and he clears up a lot of that in this edition of the Real Deal In Real Estate with Andrey Sokurec

More about Jim Leebens here.