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Foreclosures can be devastating for your credit and your future. A foreclosure notice can stay on your record for up to 10 years. If you are facing foreclosure, a short sale might be your only way out. A short sale occurs when the property is sold for less than market value, to a third party or an investor, for the purpose of satisfying bank loans and avoid foreclosure. In a short sale, Homes For Less will negotiate with the bank to overlook your debt and allow you to sell your home without the remaining principal.

 

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