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A Deed in Lieu of Foreclosure can be a great alternative to look into before considering a short sale. Basically a Deed in Lieu of Foreclosure is where the owner of the property voluntarily agrees to sign the deed over to the bank. Like a short sale, a Deed in Lieu of Foreclosure, needs to have the terms negotiated and the bank ...
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One of the biggest question/ concerns a short seller has, is "Who will pay your commission in a short sale?".
The answer is very simple. In a successful short sale negotiation the lender will pay the real estate commission. There are also other fees in the transaction that must be paid:Real Estate CommissionAttorney Fees ( ...
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