No homeowner imagines that they will face a foreclosure when they buy a new home. However, the real estate market crash and the economic downturn combined plunged a large number of homeowners into the long process of losing their homes. What is worse is that the foreclosure process can be stressful and hard. It is a frightening situation.
However, there is another way out ... in the form of a short sale. This is a transaction where the bank allows the delinquent homeowner to sell their home for less than what is owed. … (0 comments)
Should You Short Sale Your Home?
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