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Foreclosure in Baldwin Park : Real Estate Advice

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  • Home Buying11
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Activity 3
Sat Jan 4, 2014
Shannon Chang answered:
Thu Oct 13, 2011
Marie Souza Team answered:
Ana - You need a local, experienced Short Sale/Foreclosure RE Agent to help you ASAP. You have 2 options, do a short sale or go to foreclosure. Once you have the details of the potions, including the ramifications/consequences, you can make an informed decision.
Best of luck,
The Marie Souza Team – Top Selling on Cape Cod
Cape Cod Real Estate Services
508-790-2000
info@mariesouzateam.com
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Mon Oct 26, 2009
Jonathan Starr answered:
BEWARE. Some will tell you that the balance is written off by the bank. That is not always the case. The only way to know is to have a qulified professional review all your documents. In addition to the money owed to the bank, you may also owe state and federal tax on the amount that was written off.
I hope this helps.
Jonathan Starr
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