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Does A Short Sale Stop A Foreclosure?

April 26, 2017foreclosure sale short

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Does A Short Sale Stop A Foreclosure?

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Lenders will normally work with a homeowner and delay the Foreclosure if necessary should they receive a legitimate Short Sale proposal. Yet, the Short Sale itself does not stop the Foreclosure. In order to better your chances of this you will want to submit a complete, well organized, Short Sale proposal. Lenders would rather solve the problem than acquire a property from you.