In months of house hunting, Carrie Hennessy saw places she liked and places she could afford – but none that checked off both boxes. Then she found a 30-year-old, three-bedroom colonial in Ramsey, N.J., on the market for less than $400,000, in a neighborhood where similar homes had sold for more than $500,000 during the housing boom.
Short sales can offer savings, but are often more complex
