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Monrovia : Real Estate Advice

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  • Home Buying20
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Activity 24
Fri Aug 8, 2008
Monique and Joe Carrabba answered:
Hello Diane,

I think it's great that you want to continue your payments during the short sale process, however, I don't think that bank will speak to you about doing a short sale unless you are behind in your payments.

Best,

Monique Carrabba
The Reavis Group
mcarrabba@kw.com
... more
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Sat Jun 27, 2009
Steven Porzio answered:
A short sale occurs prior to the Foreclosure and to keep the property from Foreclosing. As long as the lender is on board with the short sale, this could be a much better transaction, depending on the State that you live in. The commission is paid by the lender, and trust me, he will earn every bit of the commission because a great deal of the work to bring the Contract to the lender for approval is done by the realtor. I would suggest you only use a realtor who is experienced in short sales. ... more
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Fri Aug 8, 2008
David Krecker answered:
you are still responsible for paying taxes as long as you are the owner. Any other questions send me a email or call. I've assisted many in these type situations
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Sat Jun 27, 2009
Pam Winterbauer answered:
Not in our area. The closet is an FHA loan or a VA loan gor sure.
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