2/13/2007 9:23:00 AM
Real foreclosure story
One of my agents was marketing a home that was close to foreclosure. The home had a first mortgage at 200K and a second at 20K. She was in contact with both banks and proposed a short sale as the home was worth 205K currently. The first bank agreed to a short ...
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1/11/2007 9:27:00 PM
Foreclosures are common now
100% financing has taken its toll on the Rhodie Island housing market. Prices have fallen and some cannot sell their homes for what they paid just 2 or 3 years ago. This type of loan is OK IF you can hold onto the home long enough to build some equity over ...
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