April 26, 2010
A short sale is a transaction that occurs when a homeowner owes more in his home that it is worth. For instance: Mr. Jones owns a home on 123 River Street His loan is $250,000 Market value is $200,000 Mr. Jones is $50,000 upside down In order for him to sell his home and pay [...]
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April 5, 2010
Short sale transactions have to be one of the most frustrating types. The banks play at their own pace and by their own rules, making it difficult for consumers to get clear, timely answers. I spend a lot of time on Trulia.com where I try and help people get answers to their questions and to [...]
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