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Short sale
I have an opportunity to buy an investment property as a short sale. The current owner is looking at foreclosure and needs to get rid of the property.
Can you define and/or comment on a short sale? What should I expect, etc.
Thanks for your consideration.
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"The gift of liberty is like that of a horse, handsome, strong, and high-spirited. In some it arouses a wish to ride; in many others, on the contrary, it increases the desire to walk."
-- Massimo d'Azeglio
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