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Beyond The Lousy Loans

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Short Sales

In areas where home prices have significantly declined, some owners find themselves strapped with mortgages that total more than their home’s value. When options such as extending the term of the loan or negotiating a lower interest rate have been

A Quick Buyers Guide to Short Sales

What is a ‘Short Sale' A short sale occurs when a seller wishes to sell a property that is now worth less than the mortgage and any other indebtedness that is owed on the property, and is asking the lender to forgive all or part of the difference.