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Short Sale your Greensboro house to stop foreclosure and preserve the low foreclosure rate
BofC is now doing short sales in Greensboro to make a deal for homeowners when there is no possible equity. Short sales create equity in houses that are upside down.
By: Donte Mazyck
A short sale is when a homeowner’s lender agrees to discount the mortgage owed to an amount that will allow a faster sale to avoid the foreclosure process. Short sales are becoming common due the excessive amount of foreclosures that low neighborhood values. Lenders are open to a short payoff since the process can save a lender thousands of dollars, according to BofC a short sale specialist company that adapted to the foreclosure market.
Homeowners are ecstatic because the short sale allows them to sell a home they otherwise wouldn’t be able to sell by creating equity to make the deal works, when they are behind on payments with little to no equity. Greensboro – Guilford county homeowners that need more information about short sales can get more information by going to http://www.buyersofcharlotte.com/
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Donte Mazyck is the acquistions manager for Buyers of Charlotte a web based company that buys houses. Buyers of Charlotte isn't a realty company or a real estate agency but is a company that buys houses and use short sales to create equity in houses that normally would sell because they are upside down.