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Short sales and bank-owned sales at lowest level since first quarter of 2011 Short sales and distressed sales-in foreclosure or bank-owned-accounted for 12.7 percent of all sales in the third quarter,
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When his home’s value plunged, George Albright opted to sell it for less than he owed, believing the short sale” would scar his credit less than a foreclosure. Potential solutions, like a form.
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Short sale and foreclosure are similar in that they're both financial. and long waits,” says Marlene Waterhouse, owner of Short Sale Solutions.
Short Sale: A term that describes the sale of a property for an amount less than the unpaid mortgage. This happens when a borrower cannot afford to keep making mortgage payments and cannot pay the difference between the sale price and the unpaid mortgage.. find pre-foreclosures, foreclosure.
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Called a pre-foreclosure sale, or "short sale," this option has some. To learn whether a short sale is a viable solution for your situation, schedule a free.
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If you're a homeowner facing foreclosure, a short sale might sound like the perfect solution to your mortgage payment problems. After all, with a short sale, you.
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