Short Sale A short sale is a discounted real estate transaction involving the sale of a distressed property. If a homeowner is behind on the...
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Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts
Deed in Lieu - Fundamentals
Many homeowners who are in financial distress find themselves in foreclosure. The stress and anxiety that foreclosure causes can make it eas...
Forbearance Basics
Forbearance allows the homeowner to stop foreclosure and keep their home. With a forbearance agreement a borrower will either make normal mo...
Modification Basics
Loan Modification Loan Modification is the restructuring of the existing payment terms of a loan, most commonly used to salvage a nonperfor...
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