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Why do banks prefer foreclosure to short sale?

Why do banks prefer foreclosure to short sale?

April 4, 2022

How do you get a bank approval for a short sale? Banks generally do not approve a short sale until the bank receives an offer from the buyer. Therefore, the usual way to approve a short sale is when the …

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How does a quick sale work on a house?

How does a quick sale work on a house?

April 4, 2022

Closing costs are paid according to the terms of the purchase contract between the buyer and the seller. Usually, the buyer pays most of the closing costs, but sometimes the seller has to pay closing costs as well. How does …

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