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Loan Modification

: Loan Modification & Home Loan News

Realtors complain that banks make short sales difficult

By Moe Bedard

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(Source: By Pete Carey, San Jose Mercury News, Calif.) – Short sales, in which homes are sold for less than is owed on them, have become such obstacle courses for buyers and sellers in California that fewer than three in five homes offered for sale result in a sale, the California Association of Realtors reported [...]

Full post as published by Loan Modification & Home Loan News on March 08, 2011 (boomark / email).

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Fewer Than 3 of 5 Short Sales Actually Close in California

Banks Take Losses on Short Sales as Foreclosures Soar

Realtors: Lenders Making It Tough To Do Short Sales

Realtors: 43% of short sales fail to close

Florida Home Sales Up, Prices Down, Realtors Say

Why banks are self-defeating on housing

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