Articles tagged: defaulted property 

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Buy the Mortgage Note on a Defaulted Property to Get Some Real Estate written by Judson Voss
You could approach the bank about a Short Sale on a defaulted property you’re interested in, but it does involve a lot of physical effort. Another easier method is simply to buy the mortgage note from the bank on that same defaulted property.

What Happens to the Homeowner’s Finances after a Short Sale? written by Judson Voss
The homeowner can’t have a clean get away after a short sale on their defaulted property sale. They’ll have to face the possibility of a judgment for the remainder of the mortgage or having to deal with the IRS!

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