Home › Forums › Closed Forums › Buying and Selling RE › Question about short sales › FWIW, Short Sales do not
FWIW, Short Sales do not automatically indicate there was a HELOC or refinance. While it looks like there was probably one in your example it does not apply in all cases:
Case in point:
Buy house for 500K with 100% financing House now worth 450K
House would now be a Short Sale w/o HELOC or Refi