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Old 08-20-2008, 06:39 PM   #3 (permalink)
shakazulu12
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Re: What is a short sale?

No foreclosure on your credit and getting the situation handled a lot quicker are pretty much the only benefits. You will not be allowed to profit at all from the sale. There is a good chance you can get them to waive deficiency rights, particularly if they are offering to do a short sale.
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