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What is a Short Sale?

Foreclosure vs. Short Sale

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Foreclosure Law

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Foreclosure Law Definitions

Mortgage

A mortgage is a document that dictates the terms of a loan used to buy a property and gives the lender some claim to the property (either ownership or a lien) until the loan has been paid in full. The lender can take steps to have the property sold to recover the remaining loan balance if the property purchaser violates the terms of the loan.

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