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  • Short sales not having intended effect on real estate market
  • September 15, 2010
  • Homeowners who are strapped with a mortgage loan that is higher than their home's value often turn to short sales to rid themselves of debt and avoid foreclosure. Although this is a popular option for both individuals and lenders to reduce their financial loss, homeowners are finding the process may pose additional obstacles.

  • View more at: http://www.credit.com/news/credit-debt/2010-09-13/short-sales-not-having-intended-effect-on-real-estate-market.html