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Foreclosure in Chisholm Valley South : Real Estate Advice

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Wed Sep 15, 2010
Greg Hodge answered:
Hello Brent,

It is an industry joke that nothing is short about a short sale. What the term means is selling short of what you owe in order to prevent foreclosure. If the bank has paid the cost to foreclose then any incentive to sell short is now removed. If this is the kind of property you are looking to purchase, I know for a fact that Ricardo Penagos could provide you a complete list of short sales in the area. He is a great buyer agent.

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