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What is a Short Sale Anyway?

What is a Short Sale Anyway?

by Fahey Realtors | Jan 23, 2019 | buying real estate, real estate finance, selling real estate

An increase in foreclosure rates will inevitably bring with it an increase in short sales. But what is a short sale?  A short sale happens when you sell your house for less than your remaining mortgage balance, the proceeds of which go to the lender and in return...

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