Dallas Short Sale real estate, Dallas Real Estate, pre-foreclosure, foreclosure, homes for sale, loan, credit repair
By Lynn911.com ~ Dallas Real Estate Agent Top Team
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Contact our office if you are working with a bank owe more than what the house is worth. It takes a professional Dallas real estate agent who can work with a bank. We offer these services. visit our website for more information http://www.lynn911.com or 972-699-9111 short sale (of house) A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage Many lenders will agree to accept the proceeds of a Dallas short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure. and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure Example: You owe $300,000 on a house. Yo...
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