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February 26, 2012

The Short Sale Definition

The term short sale has become common. People are wondering whether to go for a short sale or for a foreclosure. It may be difficult to decide on what to do. However, once you understand the short sale definition then you are at a better position to decide on the course to take. Many complaints [...]

February 20, 2012

Short Sale V Foreclosure

This has become a common topic these days. People are practically wondering whether to go for a short sale or a foreclosure when it comes to the sale of a house. The problem is that this comes when you are in financial difficulty. The process can prove difficult. But you need to understand and give [...]

February 14, 2012

Advantages and Disadvantages of Short Sales

In a layman’s language, we can describe a short sale as the situation where a home is sold to a new buyer a relatively lower price than the current or face value of the mortgage. This price is still lower than the face value even in addition to other costs such as the real estate [...]