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Definition of a Short Sale
A Potential Short Sale is when the Listing Price (Asking Price) may not be high enough to cover the payment of all liens (mortgage loans, taxes, HOA fees, etc.) and closing costs and the Seller says they will be unable or unwilling to bring ...
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That is a question I have been asked many times this year: Why are homes not selling? Is it because there are not many serious buyers? Is it because homes are over priced? Is it because financing has dried up?
My answer at this particular time is YES! Its all three reasons. However I believe the main reason has ...
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