Short Sales with Arms Length Transaction Affidavit – Attorney Take

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2 comments on “Short Sales with Arms Length Transaction Affidavit – Attorney Take

  1. I think it is dishonest to have the original owner who may owe double what is owed on the home and now everyone else has to shoulder the burden of their loss and they walk away with the same home while the balance is absorbed by all. This practice is immoral and hurts the economy. It is sad about what some homeowners are facing, but it comes with all types of risks, know the market, talk to a realtor or a lawyer. When someone spends some much money or makes the largest purchase of their life, they should be informed. Very sad and I feel bad for the kds that are effected when their parents lose their home. The ecomony has hurt most everyone sorry to say.

    • Yes it is very sad. But it is not the people facing foreclosure who brought on this mess, it is a result of the government deregulating the financial services industry. The ones who created the problem are still profiting, meanwhile the middle class is being wiped out before our eyes.

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