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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...
Short Sale: 10 Facts Bradenton Homeowners Absolutely Must Know
Negotiating a short sale between the borrower and the lender takes skill, patience, and expertise. Everyone involved in the transaction needs to know what to expect. This is one of a series of articles to help Bradenton - Sarasota, Florida homeowners understand short sales. It may help you as well. ...
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Mortgage Forgiveness Act Provides Income Tax Relief To Foreclosed Homeowners
What's positive about being foreclosed upon or selling your home for less than you owe? Well, for most people, not much. Yes, you are relieved of an onerous mortgage loan and you are now free to find housing that is more affordable within your budget. But not everyone fully understands the ...
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Short Sale: What Documentation Must The Homeowner Submit to the Lender?
Short sales, short sales, short sales. They are everywhere. Many Bradenton - Sarasota, Florida homeowners are facing the risk of foreclosure in our declining market. For some, a short sale may be the solution. This is the 9th in a series of articles to help Bradenton, Florida homeowners understand ...
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Short Sales - A Viable Alternative to Foreclosure
Foreclosure is of one of the most traumatic experiences a homeowner can face. The embarrassment of losing a home to foreclosure is compounded by the foreclosure's devastating effects on your credit scores and ability to qualify for new credit. With an increase of 79% in foreclosure rates in 2007, ...
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Lenders Give Away Instant Equity With Real Estate Short Sales
What is a Short Sale? A short sale happens when a lender is willing to sell a property for less than the total amount owed by the borrower. The property is worth less than owed therefore, has no equity and the homeowner is seriously behind in payments. In many circumstances more than one lender is ...
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Finding Foreclosures
Foreclosures are homes that are being sold because the previous owner failed to make mortgage payments. When finding foreclosures, though, it is easy to run into problems - outdated listings, lack of information and homes in very poor shape. That's why these tips can help you in finding ...
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Understanding Debt Cancellation and the 1099C
In recent years, the number of foreclosures has skyrocketed and short sales have become an increasingly popular trend. Many consumers have wondered how lenders recuperate the money lost from a mortgage after a discounted short sale. These unpaid charges are not a major concern for the lender, but ...
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Short Sales - Tips For A Successful Loss Mitigation Transaction
Short sales can be a life-changing option for many people. Although it can be painful to walk away from your home, it's important to realize you can make any house a home. If you are facing foreclosure, real estate short sales can provide you with the opportunity to break free from the bondage of ...
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Stop Foreclosure - Are Short Sales the Way to Go?
If you are facing foreclosure, then you have seen the ads for short sales. Real estate agents all over the country are jumping on the short sale bandwagon. However, most are not experienced in short sales and their advice on complicated legal and tax issues can be dangerous for you. What is a short ...
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Finding Solutions when Facing Foreclosure
An increasing number of homeowners behind on their mortgage and facing foreclosure are finding solutions to sell despite the large inventory of homes for sale in the current market. Their solution is called "short sales". Short sales are similar to regular home sales except an agreement is reached ...
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