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Short Sale Print E-mail
Written by Dan Allen   

In some cases, selling your home is the best option.  Due to differnt factors you can no longer afford your current home.  With the market so swamped with properties, sometimes traditional real estate methonds will be unsuccessfull.  A short sale allows you to sell your home to a third party at a discounted price.

We will work with your lender on your behalf to come to a agreement to buy the property directly the lender for a discount.  This will save you from ruining your credit and elevate your finacial burden.  The aggreed upon price will be subtrated from the mortgage balance leaving the remaining amount, that may be negotiated or forgiven. 

A Short Sale can save you from foreclosure and eliviate you from you financial burden.  The bank is happy to have the property off thier books and know if it went to auction they could stand to lose a much larger amount.  The investor is happy to have purchased the property for a discounted price.  A short sale, although a difficult process,  can be a great way to escape foreclosure.

Last Updated ( Saturday, 05 January 2008 )
 
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