Short sale by the numbers

It is finished. Thanks be to God.The contracts have been inked, the checks exchanged. We have been released from ownership our Round Lake, IL townhome. We were underwater on the property, and after lots of anguish and consulting with all sorts of professionals (and a bunch of amateurs, who each had opinions to share with us), we decided to try listing the house as a short sale. Our realtor and lawyer both warned us that there were absolutely no guarantees that our bank would approve a short … [Read more...]


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