Today, buyers are looking for value. If you don't price your house right from the start, you won't receive showings of your home, it’s as simple as that. Pricing can no longer be judged on what a neighbor's home sold for six months ago.
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What is a short sale? A short sale is a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan In a declining housing market, the value of a home sometimes falls below what is owed
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