Diane's Blog

Title Insurance - Fidelity National Title
Definition- Existing bank agres to accept a lesser amount due on their secured lien in order to release the collateral from the Note. Some lenders will release the collateral from the property but will require the seller to pay it back in an unsecured note. When the lender releases the collateral this allows the seller to sell the home without the mortgage encumbering the property.
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Diane Luttmann

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Welcome to the Present-short Sales What is a short sale and tips to help you through one.