Pre-Foreclosure Sales

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Pre-Foreclosure Sales Video Clips. Duration : 4.63 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Quit Claim Deed . If your problems aren't temporary, you may need to sell your home. If you have built up equity in your home that you would lose in a foreclosure, then this may be your best bet. If you do have enough equity in your home to be able to afford to pay a real estate professional's fee, usually 6% of the sales price, it's a good idea to interview three real estate professionals and let them handle the sale for you. Statistics show that homes sold by professionals sell faster than ones where the owner is making the sale. Make sure you get any agreements in writing from them as to what they will do to market your home. And don't necessarily go with the agent who tells you she can sell your home for top dollar. Choose the one who you believe will do the most to help your home sell quickly at a fair price. If you're going to go this route, talk with your lender and let them know that you have put the home up for sale. Ask if they will hold off on their foreclosure proceedings longer since you have the house listed. If you don't have much equity in your home, you may need to list your home for sale by owner -- also known a "FSBO." Short Sales If you've purchased your home within the last few years, you may not have a lot of equity, or you may even owe more than your home is worth; but you may still be able to sell your home for less than is owed on it. This is done through a process known as a "short sale." In a short sale, the buyer will prepare documentation showing the lender ...

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