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Archive for the 'Short Sale' Category

A Beginner’s Guide on How to Sell a House in a Market of Foreclosures and Short Selling

As of July 10, 2010, the existing data on Home Sales in all major regions of the country dropped 27.2 percent headed for the seasonally adjusted rate of 3.83 million units.  Fortunately, the real estate for Bountiful Utah homes has been showing positive trends.  You might consider this area when you want to buy a [...]

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What You Have To Know About Short Sales

The name Short Sale came from the fact that the Lender’s payoff is coming up “short”.  It occurs when a Lender agrees to the sale of a property for less than the amount owed on a mortgage.  A short sale package includes: Purchase and Sale Agreement (from Realtor), Addendum to Purchase (from Realtor), Authorization to [...]

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