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Tuesday, July 27, 2010

Short Sales

In today's real estate market the inventory of homes for sale is high with many of them being short sales or foreclosures.  Short sales have historically been very tough to deal with.  Up until recently there was no regulation to help or regulate a short sale.  Banks are well oiled machines when comes to pretty much everything except short sales in my estimation.  A short sale is typically anything but short; it means selling your house for less money then what you owe. Bank approval is needed to do a short sale.  Visit www.gropmanrealtygroup.com for free home searches including foreclosures and short sales.

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