Some real estate terms that may be helpful in your short sale are listed below: 1.) Deed in Lieu of Foreclosure: when you are able to work with the bank to deed the property back to them with their approval before the mortgage company forecloses. 2.) Loan Modification: is a term that you may be [...]
Archive for March 25th, 2009
Short Sale Related Terms
March 25th, 2009 by David-Willis
Posted in Featured, General
Tags: Deed In Lieu Of Foreclosure, Deficiency Judgment, Existing Mortgage, Interest Rate, Late Fees, Loan Forbearance, Loan Modification, Loss Mitigation, Mitigation Option, Money, Mortgage Company, Mortgage Loan, Myrtle Beach Short Sale, Principle Balance, Principle Mortgage, real estate terms, Satisfaction, Shortfall
1 Comment »Myrtle Beach Short Sale
March 25th, 2009 by David-Willis
Recently with the present economy we have had many people ask us about short sales. With this being a common concern for some of our clients we thought we should give you some information and answer a few questions about short sales and foreclosures how they affect you. A Short Sale may be the best [...]
Posted in Featured, General
Tags: Avoid Foreclosure, Deficiency Judgment, Foreclosure, Foreclosure Process, Foreclosures, Loan Company, Mortgage Company, Mortgage Information, Mortgage Terms, myrtle beach, Myrtle Beach Short Sale, Paying Taxes, Seven Years, short sale, Shortfall, Stress, Time Consuming
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