Friday, January 29, 2010

Walk Away or Short Sale

Banks pursuing payback from walkaways
Increasingly aggressive mortgage lenders seek money from former owners who had a short sale or walked away. Read more.

Short sales are no easy deal. Be sure you know what the terms are when you sell, many times there be not be many options. But so you know, many Banks are not looking too favorably on Short sales that are more walk aways than real hardship issues.

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