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You’re caught up in a nasty cycle of debt due to job loss, disease or just a bad economy. The lender sends you a pre-foreclosure letter. The fear of losing your home and credit is real, almost tangible. But not just yet! There’s a better, and faster option. Consider a short sale of your home. A short sale is when a homeowner asks for a price that is less than the amount that they owe on the original mortgage.
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