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Investors Still On Tax Hook
For homeowners in trouble, a short sale can be a lifesaver. Lenders allow a house to be sold for less than is owed on the mortgage and then write off the rest. The homeowner just walks away. ...more
August 21, 2008
Lenders Rescue Troubled Homeowners Via Short Sales
For homeowners in trouble, a short sale can be a good alterative to foreclosure. It doesn't help them keep the home, but it can keep the black mark of foreclosure off their credit report. ...more
January 8, 2008
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