Short Sale Advice

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Short Sale Advice – This is a place for the community to provide tips and advice on Short Sale Advice. This topic was created by Andru 00e 9 Anna and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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Tip 1
Top 10 Home Buying Tips For Short Sales - A Guide To Understanding Short Sale Foreclosure Real Estate More
Published: 9 years, 3 month(s) ago by Gilles Debie | permalink
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Modern homebuyers will inevitably come across one or more properties currently classified as a short sale. A short sale is an attempt by the current owner to sell a home in lieu of the bank taking it back through foreclosure proceedings, thus partially salvaging their credit rating and lifting the burden of heavy mortgage debt. The entire short sale process hinges on the hope that the bank will take a loss now, appro...
Tags: foreclosure, short sale, mortgage, escrow, IRS, tips, rent, selling a home, real estate,

For further reading: http://realtytimes.com/consumeradvice/buyersadvice1/item/3716-20090408-buyingtip ^[1]

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Tip 2
How to Know If a Short Sale Is Right for You More
Published: 9 years, 3 month(s) ago by egon 0119 | permalink
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If you’ve been unable to keep up with your mortgage payments, it may seem like your only option is foreclosure. There is, however, another option.

For further reading: http://www.realtor.com/advice/short-sale-right/ ^[2]

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Tip 3
Making an Offer on a Short Sale? What You Need to Know More
Published: 9 years, 3 month(s) ago by Allen Parker | permalink
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Are you looking to buy a new home? Are you thinking that now's a great time to find bargains? Before you make an offer, it pays to know a little about the seller's situation. If a home is
Tags: Sales and Marketing/Handouts for Customers/For Buyers
For further reading: http://realtormag.realtor.org/sales-and-marketing/handouts-for-customers/for-buyers/making-offer-short-sale-what-you-need-know ^[3]

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Tip 4
Field Guide to Short Sales More
Published: 9 years, 3 month(s) ago by andrew mkwananzi | permalink
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For further reading: http://www.realtor.org/field-guides/field-guide-to-short-sales ^[4]

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Tip 5
Advice on Short Sales More
Published: 9 years, 3 month(s) ago by diedara | permalink
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Short sales are alternatives to foreclosure when borrowers can no longer afford their mortgage payments. However, if you are considering short selling your home, you should be aware of the serious ...

For further reading: http://homeguides.sfgate.com/advice-short-sales-7172.html ^[5]

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Tip 6
Short Sale of Your Home: Is It Right for You? | Nolo.com More
Published: 9 years, 3 month(s) ago by Stuart Sharp | permalink
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A short sale may be the answer to your mortgage problems. Here's what you need to know.

For further reading: http://www.nolo.com/legal-encyclopedia/short-selling-home-should-you-33439.html ^[6]

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Andru 00e 9 Anna

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About This Topic

Category: Fun | 9 years, 3 month(s) ago

16.3k+ Reads

6 Tips

6 Votes

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Contributors

diedara, andrew mkwananzi, Gilles Debie, Allen Parker, Stuart Sharp, egon 0119

References & Citations

1. http://realtytimes.com/consumeradvice/buyersadvice1/item/3716-20090408-buyingtip

2. http://www.realtor.com/advice/short-sale-right/

3. http://realtormag.realtor.org/sales-and-marketing/handouts-for-customers/for-buyers/making-offer-short-sale-what-you-need-know

4. http://www.realtor.org/field-guides/field-guide-to-short-sales

5. http://homeguides.sfgate.com/advice-short-sales-7172.html

6. http://www.nolo.com/legal-encyclopedia/short-selling-home-should-you-33439.html