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Shortsale Realtor Oklahoma
A short sale situation occurs when an Oklahoma homeowner falls behind on
mortgage payments and seeks to prevent a deficit foreclosure so they decide
to shortsale their home. If
the Oklahoma homeowner owes more than he can recover at sale he is said to be
"Upside Down". If the Oklahoma property is foreclosed upon and sold for less
than owed then the homeowner will have a "deficit foreclosure on his
record". To prevent this serious mark on a credit record a homeowner
or homeowners realtor may contact the lender and request a shortsale.
If the lender approves the homeowner and lender working together with a
realtor may sell the home for less without the homeowner being charged with
a deficit foreclosure on his credit record. Call us if you need talk
with an Oklahoma realtor about shortsale. 405-759-3737 or Select the Call Now Button
at the top of the screen. |
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