Short sales and foreclosures are two financial hardship solutions available to homeowners facing financial hardship. A short sale allows selling for less than the mortgage to avoid foreclosure.
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Can I get a mortgage after a short sale of my home?
Selling your home through a short sale can help you avoid foreclosure, but it might make it difficult to get another mortgage. Short sales can damage your credit, and they can stay on your credit ...
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What Is a Short Sale?
When a homeowner has gotten behind on their mortgage payments, they might do a short sale to avoid foreclosing on their home.
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