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Short Sales and Foreclosed Home Purchases

By AccessLoss 129 days ago from http://www.accesslossmitigation.com

This article explains how short sales and home foreclosure go hand in hand. It explains how a short sale works and why it is better than foreclosure. Short sales are a type of loss mitigation techniques that allow a homeowner to sell their house to an outside party rather than default on a loan. This article also highlights the downfall of doing a short sale yourself as an outside party, but that it does allow you to buy a house that would normally be at market price for much cheaper.

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Tags: short sales loss mitigaiton foreclosure short sale real estate shortsale


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