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A short sale is the sale of a property for less than what the owner still owes on the mortgage. A short sale is an alternative to foreclosure when a homeowner needs to sell and can no longer afford to make their mortgage payments. The lender agrees to accept less than the amount owed to pay off a loan now rather than taking the property back by foreclosure and trying to sell it later.
Pre-foreclosure solutions including short sale for Alpine, Bonita, Camp Pendleton, Cardiff by the Sea, Carlsbad, Chula Vista, Coronado, Del Mar, This site provides opinions about real estate, short sales and foreclosures in California and Florida.
This organization is not BBB accredited. Short Sale in Louisville, CO. See BBB rating, reviews, complaints, & more.
You get your home sold, the loan(s) paid off and you avoid foreclosure.. By completing a Short Sale, your lender has arrived at a solution that is, for them, much.
Short sales tend to be lengthy and paperwork-intensive transactions, taking up to a full year to process. However, they are not as detrimental to a homeowner’s credit rating as a foreclosure is. A.
Allow the real estate experts at the Mark Boyland Short Sale team assist with 3 proven solutions for foreclosure prevention: Loan Modification, Short Sale, and.
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Short Sales Vs. Foreclosures: Finding Solutions For Struggling Homeowners. The current economic crisis has taken a serious toll on the housing market. Many people are finding themselves left with mortgages that are difficult to pay and homes that are worth significantly less than what they once were.
/ Foreclosure Solutions / Short Sale – It can work in Canada too!! August 27, The lawyer negotiated a short sale with the lender and he has agreed to accept $10,000 less than the amount owned on the 2 nd mortgage. The deal has closed this week.