This presentation from ForeclosureDataBank.com is about short sale & selling delinquent properties. Follow simple steps & get rid of mortgage burden immediately.
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Short Sell Delinquent Properties & Avoid Foreclosure/Bankruptcy
SHORT SELL PROPERTY – AVOID BANKRUPTCY/ FORECLOSURES
WHAT IS SHORT SALE
Short Sales is a process where the lender discounts the current mortgage allowing new buyer to buy the property at a discounted rated directly from the lender and freeing the seller from any outstanding mortgage.
BENEFITS OF SHORT SALES
PROCEDURE FOR SHORT SALE
GENERAL DOCUMENTS REQUIRED
Most important aspect of Short Sale, where seller makes a case of his/her hardship. An authentic & well-built letter that specifies reasons for not being able to pay mortgage payments and convinces lenders why it is better to short sell the property on discounted rate than foreclosing.