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Truth about Orlando Short Sales
The unvarnished truth about Orlando Short Sales The truth about Orlando short sales is something that many buyers do not want to hear. They assume that the bank wants to get rid of the debt on the property and will let it go for pennies on the dollar. Not so. Read on… […]
The difference between short sales and foreclosures.
Short sale VS. Foreclosure Most consumers and many agents are confused about the difference between a short sale and a foreclosure. Here is a simple comparison: Short sales are properties where more money is owed then the property is worth. In order to sell the property, the price will be less than the mortgage, […]
Orlando Short Sale Answers
What is a Short Sale? An Orlando Short Sale is a property that has more debt on the property than the market value of the home. In order to be sold, the bank or lender will have to approve taking a “short payoff ” by agreeing to accept less for the mortgage than is owed. […]