Navigating Short Sales: What to Do When the Sale Price Leaves You Short
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If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title of your home through a lengthy legal process and then sells it.
Don't risk making the wrong choices and losing both time and money on your investment. Before you hire a real estate agent, know the right questions to ask to save you time and money.
Industry experts have prepared a free special report called "Navigating Short Sales" which educates you on the issues involved.
Order this report NOW to make sure you know the options available to you.