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Wells Fargo Short Sales
http://review-realestate.com/ public_html/ 2008/ 05/ 16/ wells-fargo-short-sales/
Wells Fargo Short Sales May 16th, 2008 1 You would think that large mortgage lenders, with hundred of thousands of loans going bad, would be proactive in minimizing damage. Banks lose dis-proportionate amounts of money when properties become “bank-owned”. When this happens, instead of lending money and earning interest, banks are wasting money on the holding and selling costs associated with this inventory. This following is a true story that we are fighting through right now. We are helping a seller sell short. He has two mortgages on his property.
How to Buy Foreclosures
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