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Fort Walton Beach, Florida
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Real Estate for you!

Why lenders are leary of Short Sales
Apr. 21, 2008
Categorized in: Buying and Selling Real Estate
Tagged with: bank, fannie mae, foreclosure, freddie mac, lender, mortgage bankers association, national association of realtors, short sale
Why are lenders leary of short sales? At this time 18 percent of home transactions are short sale transactions. Lenders lose only 19 percent of their investment versus 40 percent on a traditional foreclosure.
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