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Are you planning to sell your Joliet area home?  You don't need your home listed you need it sold! Find out the unique techniques I employ to sell your home for maximum value in minimum time. 

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    Welcome to JolietHomesOnline.com . . . . grab a cup of coffee (or a glass of wine, depending upon the time of day) and peruse the pages of this site.  You've reached the blog of a real estate consultant who loves what she does. . .I may be bit obsessed with houses and design and issues of real estate relevance, but this is what drives me to provide an amazing experience to each of my clients. 

    Entries in Short sales (1)

    Wednesday
    02Jul2008

    Excuse Me -- What is a Short Sale?

    DateWednesday, July 2, 2008 at 12:23PM

    With the media focusing so intently on the real estate industry, I am running into people who have questions about some of the things they are reading in newspapers and watching on TV. A common question I am asked is "What is a short sale?" Basically a short sale occurs when the proceeds from selling a home are less than the mortgage balance of that home. In other words, when the home is sold there isn't enough cash to pay the bank off in full. In this circumstance, the homeowner can request that the bank take less than the balance of the loan.

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    AuthorLori Gilmore | CommentPost a Comment |
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    Still reading? If so maybe it is time to pick up the phone and give me a call (815-207-9703).  My goal is to provide excellent real estate services, and I love working with clients who will only settle for the best.  If you are selling a Joliet area home, desiring to purchase one or ready to invest in real estate. . .I'm here to help.