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2015-01-23 16:13:29
Why would a bank short sale if they lose money?

Many banks do not not want to absorb the cost of a foreclosure . Foreclosures are very expensive and time consuming. Banks will typically work with home owners and their agent in hardship and allow you to perform a short sale, which will allow you sell your home without losing your home to foreclosure.  Each bank has their own process of what is needed to do a short sale to be SURE you choose an agent who has done several short sales and is very aware of the process and what needs to happen to get this done.  Short sales can be very lengthy and time consuming process, so try to be patient and get all documentation to your agent in full as quickly as you can.  Do your research and ask questions so you fully understand what is going on at all times.

 
Blog Archive
2017-07-14 10:45:41
Home Buying Myths Slayed!

2017-07-05 14:09:47
First time home buyer, how do I apply for FHA?

2017-06-14 15:40:15
The Impact Your Interest Rate Makes

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5% Down With No PMI?

2017-05-16 14:47:50
Do You Know the Cost of NOT Owning Your Home?

2017-05-03 09:39:31
What is Mortgage Insurance?

2017-04-26 12:59:38
Real Estate Mogul: Here’s Why You Should Buy

2017-04-21 15:06:52
Slaying Home Buying Myths

2017-04-10 14:19:27
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2017-03-30 10:37:12
What Are the Experts Saying about Mortgage Rates?

2017-03-21 15:41:25
4 Great Reasons to Buy This Spring!

2017-03-14 11:13:11
7 Steps to Staying Mentally Sharp After 60

2017-03-03 13:11:18
Do You Know How Much Closing Costs Will Cost You?

2017-02-24 11:13:16
Do You Know the Real Cost of Renting vs. Buying?

2017-02-16 15:27:56
First Comes Love… Then Comes Mortgage?

2017-02-09 14:26:15
Preparing Your Home for a Loved One with Alzheimer

2017-02-01 10:20:45
DIY Safety Tips for Seniors

2017-01-24 14:29:26
Is This the Year to Move Up to Your Dream Home? If

2017-01-16 14:20:50
Modifications to Make Aging-in-Place Safe

2017-01-10 13:48:59
You Need a Professional on Your Team When Buying

2017-01-03 12:32:48
Inadequate Inventory Driving Prices Up

2016-12-27 11:17:52
The Fed Raised Rates: What Does that Mean For You

2016-12-15 10:14:33
Building Your Family’s Wealth

2016-12-07 11:03:40
Buying is Now 37.7% Cheaper Than Renting in the US

2016-11-30 11:44:03
Why Are Mortgage Interest Rates Increasing?

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