What Is A Short Sale? A Short Sale is when: A homeowner is authorized, by the bank, to sell for less than what is owed on the mortgage. The lender authorizes or accepts the sales price as a payoff. The seller avoids a credit-destroying foreclosure, and
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What Is A Certified Distressed Property Expert? Eighty-five percent of homeowners experiencing financial distress say their first contact will be to a licensed agent. Yet, fewer than 1 percent of agents consider themselves foreclosure or distressed property
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