How to Use a Short Sale to Stop Home Foreclosure and Protect Your Finances

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The guide millions of "underwater" homeowners have been waiting forThe perfect primer for new and experienced homesellers, How to Sell Your Home With a Short Sale is a step-by-step guide for successfully negotiating the tricky butuseful process of short selling a home.The housing industry is only getting worse, and it isestimated that 7.5 million properties are worth less than what their owners owe. One of the nation's top real-estate gurus explains in clear terms how property owners can get a lender to accept a "short payoff"--i.e., a price that is less than the outstanding balance on the mortgage--which serves the dual purpose of dumping devalued property while protecting credit.

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