What is the difference between a short sale and a foreclosure? Short Sales and Foreclosures are two financial options available to homeowners who are late on their mortgage payments. There are different reason why homeowner would choose for a short sale versus a foreclosure. In both cases, the owner is forced to part with the home but the…

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Renter caught up in foreclosure Posted: Saturday, Jan. 17, 2009 Q. In Foreclosure!  I live in a house that had a lis pendens delivered for foreclosure with 20 days to respond. I have no interest or involvement with the owner or the house. Aside from moving out as soon as possible, is there anything else…

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How to Avoid Foreclosure

How to avoid foreclosure Posted: Friday, Sep. 26, 2008 A tidal wave of anxiety is washing over America, propelled by the mortgage industry collapse. BLOOMBERG NEWS Worried about losing your house? This advice might help: If you lose your job and know you’ll have trouble making your mortgage payments, call your lender immediately and follow…

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