Short Sale Information

Short Sale Information When J. D. Tucker and his domestic partner split up, the distress went beyond heartache. He became a single father with five adopted children, and only one income. It wasn’t enough to pay the mortgage on their south St. Louis home. He bought it at the height of the housing boom. He owed $265,000 on a house now valued at only about $155,000. He fell behind on the mortgage. “You start getting notices that they were going to foreclose on it,” he said. Instead, Tucker took an option that’s gaining popularity...

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