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Christina LynchChristina Lynch

Christina Lynch

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The Risks and Rewards of a Short Sale

A “Short Sale” is when the sale of the property does not net the seller enough funds to pay the full mortgage and the mortgage company discounts the note.  These properties are often nearing foreclosure and the mortgage company would rather discount the mortgage than go through the costly and time consuming process to foreclose.  […]

Posted in: investment, Market Watch Tagged: discount, foreclose, invest, property, reward, risk, short, short sale

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