Short sale vs foreclosure

    • [DOC File]IN THE CIRCUIT COURT OF THE 17TH JUDICIAL CIRCUIT

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      27. If the note was separated from the mortgage then the mortgage is unenforceable by definition. If the mortgage is unenforceable by definition then any “foreclosure sale” is either void or voidable. Thus a cloud on title exists even in the presence of the Court’s Judgment to the contrary. 28.

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    • [DOC File]LAWSUIT TO FORECLOSE LIEN

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      Example 1: You perform substantial renovation work on a property worth $300,000. You are owed $100,000. At the sale, there is fierce bidding, but the proud owner is able to buy the property for $200,000. Title is transferred to that bidder, and after costs of sale, you get $100,000 and the previous owner gets the other $100,000.

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    • [DOC File]4-12 - HUD

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      Part E is to be completed for a pre-foreclosure sale claim only to claim the $1,000 administrative fee for each successful pre-foreclosure sale and, if paid by the mortgagee, the actual cost incurred for the appraisal. PART E. SUPPORT DOCUMENT (Continuation 2) Item 400 FHA Case Number. Enter the case number as it appears in Item 2 of Part A.

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    • [DOC File]IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL CIRCUIT

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      Denial does not prevent any party from moving to vacate the subject sale. If a party so moves, the party is ordered to send notice of the hearing to all parties and the buyer of the subject property. The Foreclosure Sale shall be rescheduled for the _____ day of_____, 20_____.

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    • [DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...

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      Dec 24, 2008 · Pre-Foreclosure Sale Introduction. The Pre-Foreclosure Sale (PFS) option allows mortgagors in default (resulting from an adverse and unavoidable financial situation) to sell their home at FMV and use the sale proceeds to satisfy the mortgage debt even if …

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    • [DOC File]An Examination of Illegal Activity in the Processing of ...

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      An Examination of Illegal Activity in the Processing of Foreclosures The documentation enclosed is intended to educate recipients about the criminal activity occurring within the foreclosure process. This study was initiated after borrowers were foreclosed on during the trial modification period, short sale processing period, and modification ...

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    • [DOC File]Keller Williams Realty

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      Short Sale vs. Foreclosure: Which is the Better Option? Losing your home to foreclosure due to an inability to keep up with your monthly mortgage payments is one of life’s most unpleasant experiences. It is also an event that keeps on affecting you long after your home is history by devastating your credit score. Regrettably, most people ...

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    • [DOC File]COMMONWEALTH OF MASSACHUSETTS

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      As the short sale would have resulted in a deficiency of approximately $13,000 between the amount of the original mortgage and the amount realized on the sale, and as a foreclosure is almost certain to result in a greater deficiency, it is clear that the Plaintiffs have been injured by Bank of America’s refusal to approve the short sale.

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    • [DOC File]Frequently Asked Questions from Homeowners/Sellers

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      Credit experts will agree that neither a Short Sale nor a Foreclosure is favorable to your credit or credit score, however, the impact of a Foreclosure is much worse. We strongly advise you to work with a Credit and Credit Scoring Expert for more specifics on this topic, and ways in which to improve your credit after the Short Sale is complete.

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    • [DOC File]GA - Deed to Secure Debt

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      In case the debt hereby secured shall not be paid when it becomes due by maturity in due course, or by reason of a default as herein provided, Grantor hereby grants to Grantee and assigns, the following irrevocable power of attorney: To sell the said property at auction, at the usual place for conducting sales at the Court House in the County ...

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