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What is a short sale? - 09/29/08 02:33 PM
Most people do not understand what a “short sale” is and are afraid to ask. So, here it is… Basically a short-sale occurs when the seller’s monetary obligations are more that what the seller is going to realize from the sale of their home and the seller is unable to pay the difference. A short-sale is more widespread today for several reasons. Commonly what is happening is that an owner for personal reasons, i.e. divorce or loss of income, can no longer make their monthly mortgage payments. Or maybe the mortgage payments have adjusted to a higher amount that what the
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How long will it take to find the right property? - 09/24/08 10:36 AM
I get asked this question quite often, but what buyers really want to know is ~ How do I know if THIS is the right property... That depends on your karma. You could find a fantastic house the first day, or it may take months. Ask yourself; are you ready to pull the trigger if you find something right away? I see buyers who find a good house, and then pass because it was so easy to find so fast, and then search for that house for the next 18 months! Now let me ask you... Are you ready to buy
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Kristy Bonaventura
Medford,
MA
More about me
RE/MAX Heritage
Address: 653 Main Street, Melrose, MA, 02176
Office Phone: (781) 517-0240
Cell Phone: (781) 479-4066
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