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qualifying for a short sale: Do I Qualify For a Short Sale? - 06/01/09 07:59 PM
Most Sellers who stop making mortgage payments and are headed into default have the option to do a Short Sale on their home. There are numerous benefits to selling the property before the foreclosure is finalized. 
On Short Sales buyers and investors negotiate with the bank through the homeowner's Real Estate Agent. Accomplishing a Short Sale before the home foreclosure helps preserve the Seller's credit, greatly minimizing the amount of time it will take for their credit to be restored. Letting the bank take the house is one of the worst decisions a homeowner can make. By defaulting on the largest loan one can take you destroy your credibility with credit institutions … (4 comments)

 
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Peter Testa

Danbury, CT

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Nationwide Homes

Address: 57 North St., Suite 107, Danbury, CT, 06810

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