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How to setup a short sale to avoid foreclosure at your home

No one wants to face a foreclosure, but the situation can arrive in one’s life when he would need to face it. Here are some tips to set-up a short sale to avoid foreclosure.

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How to setup a short sale to avoid foreclosure at your home

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  1. How to Setup a Short Sale to Avoid Foreclosure at Your Home By: Homestead RoadA Leading House Buyer Since 2006

  2. Know the requirements and get prepared The first step is getting familiar with the requirements that make your home eligible for a short sale. By: Homestead RoadA Leading House Buyer Since 2006

  3. Contact your lender Once you are sure that you meet all requirements, contact your money lender and notify him about the short sale. Chances are there that he will offer you the alternatives. By: Homestead RoadA Leading House Buyer Since 2006

  4. Hire a real estate agent Now, This is time to hire a real estate agent who would have experience in the short sales. Ask him for the tips to prepare your home for short sale. By: Homestead RoadA Leading House Buyer Since 2006

  5. Inform your lender about the offer you get contact your lender when you receive an offer. He will conduct the valuation and appraisal for determining the right price of the house By: Homestead RoadA Leading House Buyer Since 2006

  6. Get final approval from your lender Once all the parties- the lender, the buyer and you agree on a price, get the final approval from your lender to sell the house. The lender can take a 30 days period for approving or denying the approval By: Homestead RoadA Leading House Buyer Since 2006

  7. What Homestead Road Do? By: Homestead RoadA Leading House Buyer Since 2006

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