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A Myth to Watch For in Short Sales

You may have heard that you can get a short sale to pay off your mortgage and that the bank will be happy to get most of what you owe them. It’s better than nothing, right? It is most likely more than what the bank will get if they repossess the house and have to sell it at an auction. This is true in some cases. There are definitely conditions that are required and you should be sure that you qualify before you consider it. [..read more..]

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