A short sale is an agreement between a lender and a borrower to settle for less than is what owed on the loan. Obviously, many things need to be factored in before this decision can be made. If you are 3 months or more behind in your mortgage payments, chances are the company that services your
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06/06/2008
Pre-foreclosure is the period between when the foreclosing lender files the Lis Pendens or Notice of Default (Depending on whether or not your state is judicial. In Kentucky they file a Lis Pendens.), and the time of the actual Sheriff Sale. This is the time when you should be working REALLY ha
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06/06/2008
When facing foreclosure, it's important to know what options are available to you as a homeowner. Normally, the clients that I deal with aren't in a state of mind that is conducive with making a rational decision very easily. All of them are stressed out, that should go without saying. This ha
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06/06/2008
While I plan on having many posts here in the future, please also see my updated blog at www.nickdailey.wordpress.com or my RE/MAX site www.NickDailey.com. You'll be able to find much more information as it relates to real estate and the Northern Kentucky market. Thanks!
06/06/2008