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Tag Archives: Mortgage Default

The Short Sale Proposal and Chances for Approval

To Mary Jones amazement, we were successful in negotiating a sale for 999 Gates Avenue to a young couple.  She was equally surprised at how eager they were to buy her home. Under normal circumstances, this would be an opportunity for a homeowner to celebrate and begin planning their move. As excited as I was [...]

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Foreclosure Short Sales in Brooklyn Real Estate

The new real estate business in Brooklyn is Short Sales. Well, it’s not that new.  Since 2008, short sales have grown as the primary technique available to real estate agents in selling a property for a homeowner in financial distress. With record mortgage defaults leading to foreclosure filings by lenders, real estate values throughout New [...]

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Are Banks Interested in Modifying your Existing Mortgage?

The investigative news report at the end of this post by Brian Ross, Chief Investigative Correspondent for ABC News, chronicles the experiences of elderly homeowners faced with the peril of losing their homes. In their attempts to stave off the threat of foreclosure, each homeowner makes earnest attempts to reach the appropriate staff within their [...]

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