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SELLING A SHORT SALE


A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.


 

 

 

FORECLOSURE HELP

The following groups are available to help at-risk homeowners:
• HUD at (800) 569-4287, (877) 483-1515, or
www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm
• HOPE NOW, a cooperative effort of HUD mortgage counselors and lenders to assist homeowners: (888) 995-HOPE or
www.hopenow.com
• NeighborWorks America:
www.nw.org/network/home.asp
• Federal mortgage modification and refinancing programs:
www.makinghomeaffordable.gov
• The Controller of the Currency's consumer information site for banking-related questions:
www.helpwithmybank.gov
• OCC Customer Assistance Group: www.occ.gov/customer.htm
• Federal Trade Commission:
www.ftc.gov/bcp/edu/pubs/consumer/homes/rea04.shtm
• Federal Reserve Board: www.federalreserve.gov/pubs/foreclosurescamtips/default.htm 


 

 Mort Helvetica, sans-serif" size="2">11,605

2004
9,606
2005
7,829
2006
9,814
2007
26,391

 

2008
January
3,544
February
3,984
March
4,240
April
4,480
May
4,271
June
4,598
July4,531
August4,808
September
5,902
October
5,709
November
4,881
December
5,708
Year-to-date:
56,656

 
2009

 







Hybrid Realty Group, Andrea Crilly.
Andrea Crilly
Hybrid Realty Group
Telephone
(305) 333-5345
Keller Williams Realty
 
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