Real Estate Defintion – Loss Mitigation

Loss Mitigation – Loss Mitigation is a term used to describe a few different positions. The term is pretty much self defined. People who work in loss mitigation do their best to mitigate or minimize loss. This term can be used to describe a realtor or firm who mitigates the loss of a homeowner by negotiating a short sale. The term can also describe the department in a bank set up to minimize the loss on the bank’s behalf. These usually are the people you want to contact to talk about a short sale

- Jeff Buettner
Real Estate Wiz Kid

I would like to talk to a Phoenix Realtor about selling my house…