Short Sales and the Related Issues

      A short sale is a sale of real property in which the proceeds from selling the property are less than the balance of debts secured by liens against the property. This happens when the property owner experiences financial distress and cannot afford to make the current loan payments. In such a situation, the banks/lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.

New Homes in Sammamish – Glencoe at Trossachs

            Glencoe at Trossachs is co-developed by two builders, William Buchan and Murray Franklyn and I am reviewing the homes by William Buchan in this article. This New community is located in the Sammamish Plateau. There are two drawbacks to live in Sammamish. First, there is no highway passing through Sammamish and it may be a long commute for most people living in Sammamish. Second, many people may think that the school district in this area (Issaquah School District) is not as desirable as the Bellevue school district.