Effects Of Short Sales And Foreclosures Can Be Long Lasting
While short sales are an alternative to foreclosure when a home owner is facing hard financial times, a short sale can have some unforeseen long term effects especially if the homeowner had a second mortgage or line of credit attached to the home. It seems many lenders are selling these unpaid depts...
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The Florida Department of Revenue has recently clarified the wording of a law regarding documentary stamp taxes that will now make short sales a bit easier for home sellers to actually sell their homes. Because the law was unclear, many title companies closing short sale properties were collecting the...
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