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Short Sales OverviewMore...
Far too often, in this market, there comes a time when the balance on your mortgage far exceeds the value of your property. Combine that with a financial hardship, and it may be time to consider a short sale.
Far too often, in this market, there comes a time when the balance on your mortgage far exceeds the value of your property. Combine that with a financial hardship, and it may be time to consider a short sale.
If you are contemplating a short sale, there are some things that you should consider. The short sale will appear on your credit report for the next 7-10 years.
These are recent Short Sale approvals, demonstrating HAFA incentives for the seller and full commission for the agents. There is also an approval from the Small Business Administration (SBA).
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