Known as a quick sale, it is the sale of a property that is in the period before the foreclosure of your delinquent mortgage. Pre-foreclosure is the time between a mortgage default and a foreclosure sale and is actually a lender grace period for borrowers. A quick sale is when you sell an item for a lower price than you're looking for so you can sell it faster according to your needs. Sometimes items are difficult to sell without you selling them quickly.
