Tag Archives: Short Sale

Short Sales And Foreclosures: When It's Time To Move On

When the value of a home drops by 20%, it’s tempting to let it go into foreclosure, or work out a short-sale agreement with the bank. But giving up a current home in the hopes of paying less on a … Continue reading

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Thinking of Making an Offer on a Short Sale? What You Need to Know

Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? That’s true, but it pays to know a little about the seller’s situation before you make an offer. If a home … Continue reading

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More on Short Sales

To avoid foreclosures resulting from recent economic crises, the Obama Administration developed the Making Home Affordable (MHA) Program to “stabilize the US housing market and offer assistance to up to 7 to 9 million homeowners by reducing mortgage payments to affordable … Continue reading

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What is a Short Sale?

What is a short sale? “Short Sales” are being negotiated now more than ever before. So, what exactly is a short sale? As defined by the National Association Of Realtors®, a short sale is a transaction in which the lender(s) … Continue reading

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