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Litchfield : Real Estate Advice

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Activity 2
Sun Nov 25, 2012
mygirl73806 asked:
The house needs a lot of work
The owner owes more than fair market value
There is a trustee for the house
The house is in pre foreclosure and the owner no longer lives there.
Shows th...
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Fri Nov 6, 2009
Janet Gommel - Howard Hanna answered:
Your evavaluation will depend upon the sales in the area in the last 6 to 12 months. You can ask them to search out to 3 miles away. If none are available, ask them to search further out to get more similar homes if needed. Prices have begun to stabilize so depending upon what your equity was at the time of purchase, the amount you put down on the home, you may still be in great shape for refinancing. ... more
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