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Thinking of buying a Short Sale? - 08/25/08 07:27 PM
Buyers pursue short sales to get a good deal. So when you see a price listed for a home that you think is too low for the neighborhood, before you jump on that price like hot fudge on a sundae, ask your agent to call the listing agent to find out if the home is a short sale. Because you might want to think twice about making an offer on a pre-foreclosure, short sale home. It's not as simple as you may believe, and very few can close in 30 days or less. What is a Short Sale? A short sale
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How Foreclosures Work - 08/25/08 07:25 PM
Home buyers who want a good deal in real estate invariably think first about pursuing foreclosures. Buyers have this picture in their mind of a cute little house, surrounded by a white picket fence that is owned by a widowed mom who fell on hard times, but that scenario is generally far from reality. Why Do Sellers Go Into Foreclosure? Sellers stop making payments for a host of reasons. Few choose to go into foreclosure voluntarily. It's often an unpredictable result from one of the following: Laid-off, fired or quit job Inability to continue working due to medical conditions Excessive debt
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Dennis Foley
Westerville,
OH
More about me
Prudential Plus Realty
Address: 285 S. Liberty Street, Powell, OH, 43065
Office Phone: (614) 880-2800 x 79
Cell Phone: (614) 679-9030
Email Me
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