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Home Selling in Patterson : Real Estate Advice

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  • Home Buying21
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Activity 2
Tue Oct 27, 2009
Javad Parhizgari answered:
Remember that if you start the short sale process through an agent,your chance of buying another property is very very low.I have many short sale properties that the owners have the same situation .A lender will give you no loan or if does give you hard time for another property to purchase.The simple reason is that when you start the short sale process,one of the requirement by you existing lender is that you poivide a detail hardship letter and explain the reason why you can not continue payment on your motgage.This is the reason that you can not buy another property whithin 2 to 3 years.The new lender will always ask you if you were not able to continue the payment in the last property,how you will be able to make payment in the new property. ... more
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Fri Feb 29, 2008
Sharon Ghisletta answered:
Alex: Need to know about your investment. Patterson's prices continue to decrease. We're averaging about 5% decrease per month in sales price.

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