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« Our Co-Blogging Obama Delegate: Change | Main | Campaign Fun or "Fun".... »

August 31, 2008

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For people who cannot afford their monthly payments and cannot refinance, and who owe more than their house is worth, a short sale may be the answer. More about short sales in a moment. Deed in lieu seems preferable. In deed in lieu, you deed your house to your mortgage lender and that ends the foreclosure process.

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