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Source: About Home Buying / Selling

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Does a Bank Only Do a Short Sale if a Seller is Delinquent?

Many sellers automatically assume that they have to be delinquent to do a short sale. I've heard agents express the belief as well -- that short sales are granted only to...
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How to Get a Mortgage When You Have Bad Credit

The problem with getting a bad credit mortgage is it's expensive. The only people making loans to people with bad credit are the guys who are charging an arm and a...
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Should You Write a Back Up Offer?

Buyers don't often think about putting in a backup offer. I suspect it's the fear of the unknown, and buyers probably think it's not worth their time. Another reason could be...
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How Flexible is That Short Sale Price?

After all these years of short sales, there are still buyer's agents who ask if the seller is willing to take less than the advertised short sale price. Not only...
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Struggling Homeowners Take on Roommates

In order to reduce expenses, some cash-strapped home buyers are teaming up with a friend to buy a home together as tenants in common instead of buying as a single...
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