Here we wrap up our 3-part series outlining the major points concerning a short sale deficiency balance and what you need to be thinking about when faced with one. It's important that you do watch all 3 videos if you are going into a short sale situation because the deficiency balance ...
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A short sale on your home will result in a deficiency balance and is often handled in one of three ways as outlined in the previous episode of this show. While your lender can, and often will, put in writing that upon completion of the short sale and them receiving the ...
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Short Sales always result in a some type of deficiency balance. After all, if you owe $250k on your home and the lender chooses to take a short sale that returns to them only $115k then a $135k deficiency is created. How that deficiency is handled is probably the most ...
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