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This Is Scary… Foreclosure Fears



foreclosureIt’s Halloween season… and along with all the scary trick-or-treaters out and about, some people are facing a bigger fear – foreclosure!

Unfortunately, the housing crash of 2007 was a dire time for many.  It made foreclosures a normal occurrence.

When homeowners get into a desperate situation, often with a property they can’t afford, foreclosure can feel like the only option.

But there are other options… 

For example, have you ever heard of a short sale?

A short sale is a method where you sell a home for less than the balance owed on the mortgage. 

As buyers, sometimes you can find houses at a bargain price.  

The only problem, these short sales can be complex.  The article below breaks down the details…

The article is four pages… it’s a bit long, but it’s a great read!  

Good Investing,