September 24th, 2010 3:14 PM by Juan Luis Rodriguez-Kohly
Foreclosure vs. Short Sale
Going through my unread emails, I found this link to an article in the Palm Beach Post by Kimberly Miller, that I consider a great reference for those homeowners that are considering the above options.
it is a MUST read.
If you are a Senior in foreclosure, and you are 62 years of age or older and you have, at least, a 50% equity in your home (single family, townhome, 2-4 family residence or FHA approved condo) you may be able to pay off your present mortgage and keep your home without having to make ANY monthly payments. Read more. Lea mas en español.
Read Foreclosure vs Short Sale
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