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Sun Sentinel Home flippers got a bad name during the housing boom. They sold properties for big profits in days or weeks, and the rapid price appreciation created a frenzy that led to the eventual bust. But today's flippers are getting credit for
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Millions of homeowners, in Charlotte and around the country, have received an unexpected message from their banks: Goodbye. After years of collecting mortgage payments from as many people as they could, big U.S. banks like Bank of America and Wells
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For years, many buyers routinely steered clear of foreclosures and short sales. In their minds, such properties were damaged goods real estate remainders that were likely to be dumps and money pits. Why risk such a big investment on a property sold
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Some websites for searching properties include realtor.com, redfin.com, zillow.com, trulia.com and homefinder.com. Patrice O'Connor of RE/MAX Extreme cautioned against relying on such websites because inventory is often not current, she said. "
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The competition has been most intense in California, where 9 out of 10 homes sold in San Francisco, Sacramento and cities in Southern California have been drawing competing bids...Seemingly overnight, many of the nation's major housing markets have
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I think there's financial interest on the part of these banks that doesn't reflect the property owner's interest," he added. The recently implemented California Homeowners Bill of Rights prohibits dual-tracking. However, the practice -- intentional
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More homeowners are now turning to short sales, in which they sell their homes for less than what they owe in mortgage debt and the lender typically forgives the difference. Nationally, short sales made up 22 percent of all residential sales in 2012,
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Sun Sentinel If you're trying to sell a home that's not a short sale, be sure to say so in the listing. The not a short sale designation will help a home sell quicker and for more money, according to a study of 5,000 Boca Raton properties by real
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Banks more willing to approve short sales as foreclosure push declines License photo U.S. banks appear increasingly willing to accept short sales -- selling a home for less than the balance on its mortgage -- rather than taking possession of a
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Homeowners associations find short sales an option to recoup losses Sunday, March 17, 2013 Homeowners associations still struggling after the foreclosure crisis are increasingly turning to short sales or rental agreements to stanch losses and prevent
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