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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Mortgage Foreclosure - Is A Short Sale the Solution?
If you are about to enter mortgage foreclosure you should be looking for options to minimize the damage to your credit. One option to consider is a short sale of your home. This option does require third party approval, but it can be the best option for both you and your lender in some cases. The ...
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Investors Sell Your Own Homes
1.Know your Buyer ? who are you trying to sell this home to? Owner occupant who has a mortgage pre approval ?A? type buyer? Don't limit yourself; you may want to consider the extra income you can make with ?B? or ?C? type buyers by holding the 1st or 2nd mortgage. How about other investors who want ...
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How to Do Short Sales - Seven Deadly Traps
How to Do Short Sales - Seven Deadly Traps So here you are. Eager, excited, face scrubbed clean, clothes pressed, and ready to tackle your first Short Sale. Armed with all of your reference materials (each read through at least four or five times, with notes bleeding all over the margins), you are ...
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Short Sale 101
This occurs when the net proceeds from the sale of a home are not enough to cover the sellers' mortgage obligations and closing costs, such as property taxes, transfer taxes, and the real estate practitioner's commission. The seller is unwilling or unable to cover the difference. Some ? although by ...
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Short Sales - A Guide to the Las Vegas Real Estate Market
Many new investors thrilled by the novel idea of making money by buying and selling real estate, are persuaded by short sales or sometimes called "foreclosures". Short sales are the real estate equivalent of repossession auctions. Occasionally, homeowners are forced to sell their property for less ...
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The VA Short Sale - What A Breath Of Fresh Air
I recently had the easiest short sale of my career. With this particular deal I had two things going for me. 1) The bank was Chase 2) The loan was backed by the Denver VA department. Chase bank has very friendly customer service. Their wait time to talk to a rep is minimal and they almost guarantee ...
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Short Sale Basics - Provide The Information That Is Needed
In today's real estate marketplace it is difficult for a homeowner to sell their house. For many this is due to the fact that they actually owe more on their mortgage than the house is worth. For these sellers a short sale may be the answer. It is important to remember that a short sale requires ...
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Oakland Real Estate Agents - Short Sale or No Short Sale?
By now every Oakland real estate agent knows what a short sale is, because we are seeing record numbers of them. If you are a real estate agent and you started your career less than four or five years ago, then it is very possible that you didn't even know what a short sale was until recently. In a ...
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Short Sale Approval - Working With Loss Mitigation To Approve Your Offer
Short sale approval requires working with your lender's Loss Mitigation Department. Obtaining short sale approval can be a lengthy and complex process. It involves many steps and consists of a trail of paperwork. When lenders accept short sale approval transactions they agree to accept a lesser ...
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Today's Real Estate Reality
Short sale. What is all the buzz about? This is an unfortunate and rapidly growing phenomenon that many homeowners are currently asking and wondering about. Is it something that can help me? What is a 'short sale?? It is a negotiation between a homeowner and their mortgage lender. Briefly, the bank ...
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