Check this out. Very important changes when it comes to Short Sales, PMI and Capital Gain Exemptions. A MUST View. I am sure you have heard of a Short Sale and may have wondered what it's all about. This will answer your question. I would never wish a Short Sale upon ANYONE, however, just in case this is some great information.
And for any of you paying PMI (Private Mortgage Insurance, from putting less then 20% down on your purchase), some more good information.
Please Click and View.. (From Suze Orman)
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