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Short sales need to be disclosed. The seller or listing agent must disclose upfront that the home is a short sale. The home’s purchase price should align with market value.
Guaranteed Rate Companies, doing business as Rate, is an American residential mortgage company headquartered in Chicago, Illinois. [2] Founded in 2000 by Victor Ciardelli, the company had $55 billion in funded volume in 2022, down 25% since 2020. [ 3 ]
Key takeaways. Selling your home through a short sale can help you avoid foreclosure, but it might make it difficult to get another mortgage. Short sales can damage your credit, and they can stay ...
An assumable mortgage can be a major selling point for a home, especially if it has a very low interest rate. However, selling a home with an assumable loan can be a lengthy and complex process.
Union Home Mortgage is an American mortgage loan company based in Strongsville, Ohio. [1] Founded in 1970, [ 1 ] the company reports that it operates in 44 states plus Washington, D.C. , with over $5 billion in annual lending volume. [ 2 ]
FirstMerit Corporation was a diversified financial services company headquartered in Akron, Ohio, with assets of approximately $26.2 billion as of June 30, 2016, and 359 banking offices and 400 ATM locations in Ohio, Michigan, Wisconsin, Illinois and Pennsylvania. FirstMerit provided a range of banking and other financial services to consumers ...
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