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End of extend and pretend?

Started by malthus
almost 16 years ago
Posts: 1333
Member since: Feb 2009
Discussion about
http://theapplepeeled.com/sellers/why-short-sales-may-be-on-the-rise-in-nyc-for-good-reason/ “In New York, more people are underwater than many know or care to discuss...” Shane mentioned. He’s seeing a plethora of owners who purchased in Tribeca and the Highline area over the last two years, many of whom are underwater after having borrowed at 80%+. "banks are now bolstering their short sale departments to process them much more quickly, particularly for larger loans."
Response by Honeycrisp
almost 16 years ago
Posts: 190
Member since: Dec 2009

The site is going to have a more extended article on this topic in the coming month ...

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