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Talk Stock Trading - Financial Market News

August 14th, 2008

A note on foreclosures and short sales

The National Association of Realtors reported that approximately one third of existing home sales for the second quarter of 2008 could be attributed to foreclosures or short sales.  Here’s a very basic explanation of both:
Foreclosure - Can occur when a homeowner fails to make mortgage payments.  The lender can sell or repossess your home as a result […]

By profsilver -- 1 comment