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Parties Involved In A Short Sale
Short sales are one of real estate's most thrilling acquisition strategies. Short sales are about obtaining properties at good prices by resolving people's problems. Short sales are multi player win-win transactions. Here are the parties involved in a short sale. Satisfy them all and you will be ...
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Mortgage Short Sales - How To Avoid Disaster With One Simple Secret
The New Year was like a dam breaking with respect to foreclosures and homeowners looking for a way out. I received more emails and phone calls yesterday than ever before. A lot of folks I spoke to yesterday have the following issues: 1. Negative amortization loans, where the longer they pay, the ...
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Expensive Homes and Mortgage Short Sales - What To Do If You Owe More Than Your House Is Worth
In my role of helping people with short sales and as the developer of the Mortgage Relief Formula home study course, I talk to people who owe more than their house is worth and can't afford the mortgage payment. A lot of the houses that people discuss with me are in the $200K range but many are ...
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What's Better? Two Foreclosures or Bankruptcy?
In the recent real estate boom of the last few years, many homeowners applied for and received second mortgages. These may have been in the form of Home Equity Lines of Credit (HELOCs) or as a 20% down payment loan for an 80/20 mortgage. When the house begins to go into foreclosure as the ...
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What Every Realtor And Single Mom Facing Foreclosure Must Discover About The "F" Word - This Is Life
Welcome to Real Estate 2008! For families in jeopardy of losing their homes, the only real alternative from foreclosure is to negotiate a short sale NOW...not later. If you're behind in payments and your mortgage lender (cannot) help you modify or work out your loan, immediately call a Realtors who ...
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The Perfect Short Sale Candidate
Many wonder what the ideal short sale candidate might look like. With all the different and unique situations that you may run into, here is an example to compare to. If a potential seller's asking price is the total amount owed between a first and second mortgage together and is several payments ...
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Master The Mechanics Of Foreclosure - The Key To Being Effective In Pre-Foreclosure Investing
To confidently compete in the pre-foreclosure arena, every investor must master the mechanics of foreclosure. The events of foreclosure, the timeframes, the disposition of the proceeds of sale, and the effects of the sale ? these are all important landmarks in navigating through the foreclosure ...
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Short Sales
This is not to be considered legal advice. Legal advice can only be given by licensed attorneys from your state and we recommend that you hire an attorney. Short sales are becoming more and more popular when buying a foreclosure just because of the huge discounts they offer. These sales are another ...
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Short Sale Second Mortgage - How To Get Out Of Two Mortgages At The Same Time
Is a mortgage short sale possible if you have not one mortgage company to deal with, but two? I am the developer of the Mortgage Relief Formula home study course. In my work I receive hundreds of questions from homeowners who owe more than their house is worth and cannot afford to continue making ...
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The Basic of a Foreclosure
Short Sales and Foreclosures are inter-related. Under ?Basics of a Short Sale' we see that a Short Sale is a mechanism by which a lender may avoid a mortgaged property going into foreclosure auction by accepting a calculated cost in the form of a discount in order to avoid a far greater unknown ...
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