The recession has hit hard and, as a result, people are losing their homes. Stark hikes in the unemployment rate have meant, for many, taking jobs that pay much less than they are accustomed to. A lot of people are frightened and confused by the strife in the market.
As a result, much excitement has been generated by Short Sale Laws. These laws (implemented on a Federal and State level) allow the sale of a home at under the amount currently owed to the lender, after which the lender will
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