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November 12, 2007
Shortsale are lenders willing to do them?
Today, many lenders are willing to engage in shortsale real estate transactions in order to avoid the expense of foreclosure. In a nutshell, when a lender accepts less money than is owed on the loan, it is considered a shortsale. Sounds simple, but the process is actually quite involved. If you do it correctly, you can walk away from your home without owing a dime.
Real Estate Investing article on "Shortsale are lenders willing to do them?"
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