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Bankruptcy

: Bankruptcy Law Network

Why Short Sales Usually Are a Bad Idea

By Brett Weiss, Maryland Bankruptcy Attorney

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Many of my clients tell me that they want to do a short sale. A short sale is where the mortgage lender agrees to accept less than the full amount due to release the mortgage lien and allow the sale to occur. If you can’t afford your mortgage, this sounds like a pretty good idea. [...]

Full post as published by Bankruptcy Law Network on December 05, 2009 (boomark / email).

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