President Obama and Ladies and Gentlemen of the United States Congress, you have the ability to help stop the tsunami of foreclosures if you'll simply urge lien holders to work more aggressively to complete short sale transactions. Short Sales are one of the best and quickest way to turn the tide of the swelling inventory of real estate across the country. In nearly every instance, the short sale offers, made to lien holders provides the best and quickest way to mitigate any additional loss to the lien holder and hedge against continued declining values.
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