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Q: So what is a short sale?
A short sale, by definition, is the sale of a property to a lender for less than the amount of the mortgage owed. The bank or lender takes into account current economic outlooks...

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The Mortgage Debt Relief Act of 2007 may allow a taxpayer to exclude income from the discharge of debt on their…  Read More →

The good news is that a short sale will allow the consumer to obtain an institutional loan for a new home within two years…  Read More →

You have just completed a Short Sale on your home and are relieved to out from under a losing asset.  Now What???  Read More →

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