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simi valley real estate

SHORT SALE (WIKI ENTRY)

by Ted Mackel on May 1, 2009

What is a Short Sale?  What does it mean? A Short Sale occurs when a home Seller, who needs to sell their home, owes more in debt secured by the home than what the seller can expect a buyer to pay for the home.  In other words when the sale occurs, the proceeds of the [...]

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