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What is a Short Sale?

A Short Sale results when the homeowner sells their property, the net proceeds are insufficient to pay off the mortgage balance, yet the mortgage company agrees to accept less than the mortgage payoff amount in order to close the sale. All Short Sales are subject to mortgage company approval and require an extensive amount of work to reach a successful outcome.

Why RE/MAX?

When purchasing or selling real estate who should you call? The Linda & Ryan Lowe Team at RE/MAX Centre Realty!

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