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Foreclosures & Short Sale Properties

As interest rates continue to rise, so will the number of foreclosures and short sale properties in our area. We've pulled only those homes available for sale where the listing agent has indicated the property is in foreclosure or the owner is trying to short sell.   A short sale means the mortgagee is still in possession of the home, but that they have the bank's permission to accept an offer that's lower than the loan amount owed in order to facilitate a transaction (read more about short sales here). 

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