There are a number of dreams centering on each of our homes. We have memories there, we have the feelings of sharing, we feel just the warmth and home is something that is the most cheering of all possible recluses on earth. However, like any thing else of our concern, we are also vulnerable to serious threats of losing home and we are often forced to succumb to these threats due to the utter lack in resources. Unbelievable but true, more than two million of home in the United States have been taken under property foreclosure last year due to the homeowners being unable to pay their mortgage installments on time!
Certain things in life do not have any control over them while certain things do. You might have missed the mortgage repayment installment this time, but you may very well save your home from the serious threats of facing foreclosure. You just need to know how you can do that. Short sale is the obvious way out here, whereby you can sell your home in less than what you owe to the lender company, that is, less than the loan balance. Since your home is under real estate foreclosure, you cannot avail the rather traditional means of selling your house through a...
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