Milan, MN Real Estate News

By Jane Peterson
How do homeowners appear in such a terrible situation at present? It’s not a secret FSBO market as the whole real estate market in the US is having a bad time. But when did it start? It all started somewhere in 2004 when the government allowed practically everybody to take mortgages no matter whether they could afford it or not. Consequently, now they have to pay incredibly high monthly payments which are up to 50% higher than the initial payments they used to have at first. Most homeowners can’t afford it anymore. Some of them turn regard on short sales as a possible solution. Selling a house through a short sale is a legal method for avoiding foreclosure and spoiling the credit record. If you have decided to talk to the lender about a short sale, it’s a good idea to look the help of a...
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