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Buying Again After Completing A Short Sale Or Foreclosure

For many sellers who are trying to sell their homes in this declining real estate market a short sale is an option being considered. Here , they accept a selling price that is less than the balance on their existing mortgage in the hope that their lender will allow the sale to be completed and accept a lower payoff than what is owed. While those accomplishing this will suffer a decline in their credit score, they will most likely be able to purchase again within 2 years. For those who are foreclosed on , expect to wait at least 7 years. Read more

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  • "My name is Emilio. When I was buying my property, I hired Mr William J Reinhardt Jr as my Real Estate Attorney, it was one of the best decision I ever made because he did everything in his power to make sure my purchase was successful. For example, The utilities bills left over by the person who owned the property before me. I said thank you to Bill for not allow me to pay these costly bills." - 5.0 stars | Posted by Emilio Bien Aime | October 1, 2019

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