Short sales occur when a homeowner owes an outstanding balance to a mortgage lender or the bank. However, the lender allows the property to be sold short of the amount owed. It is a better solution than a foreclosure because it causes less financial damage to the mortgage lender or the bank and does not affect homeowners' credit scores. But as a buyer, there are many cons of buying a short sale. Read on to find out what they are. [FURL=https://jdtitles.com/what-are-the-cons-of-buying-a-short-sale/]Click Here For More»[/FURL]