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Monthly Archives: January 2011

The Truth About Short Sales

Short sales have gotten a lot of press in this financial crisis and many think they offer a way out from under their mortgage debt and underwater properties. However, the reality is the short sales offer no benefit, none, to all but a very few. For the financially distressed, those who have debt in addition to their mortgage, short sales are simply a way for real estate agents to make a commission on the property while robbing you of any possible financial benefit to letting go of a house you can no longer afford. Continue reading The Truth About Short Sales