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5 Reasons Why A Loan Modification May Not Be the Answer for You

When considering whether you should pursue a short sale or a loan modification, homeowners should consider and discuss the following issues with their legal counsel and tax advisor. Not every loan modification solves an equity problem. If your house is worth half of what you paid for it, a loan modification may not solve your problem, unless it includes principal reduction as a part of it.
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4 Biggest Mistakes Short Sale Sellers Make

Let the house fall apart. Even though you are short selling your home you should not let you house fall into disrepair. A house full of deferred maintenance is not appealing to buyers. You can lower the price to attract a buyer, but ultimately the lender does have to approve the lowered price.
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#1 Agent in Number of Residential Sales Transactions (2016)
in Santa Maria (per CCRMLS)

$125 Million in Career Sales

REALTOR® of the Year (2014)
(voted by Santa Maria Association of REALTORS®)



Tni LeBlanc, REALTOR®, J.D.
Mint Properties
(805) 878-9879 (mobile/text)
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