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Get a deed-in-lieu of foreclosure: Some states allow homeowners to choose a deed-in-lieu of foreclosure, in which you agree to turn over your home to your lender to avoid foreclosure. With this ...
Of home-sale transactions that closed in March 2014, the median home in Connecticut sold for $225,000, up 3.2% from March 2013. [24] Connecticut ranked ninth nationally in foreclosure activity as of April 2014, with one of every 887 residential units involved in a foreclosure proceeding, or 0.11% of the total housing stock., [25] including City Place I and the Traveler's Tower, both housing ...
A real estate agent with experience in short sales might be able to help you find a buyer and guide you through obtaining the necessary approvals. 7. Short refinance
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Auction of Norwich home ends its use as an illegal events venue. The Day, New London, Conn. ... 270 Broadway CT LLC of $455,055.40 to cover the mortgage debt, foreclosure and court fees. ...
Connecticut: Branford: October 6, 2011 Bridgeport: October 11, 2011 30 [28] Hartford: October 7, 2011 [29] [30] New Haven: October 8, 2011 [31] As of March 5, 2012, Occupy New Haven on the New Haven green is the last occupying group in New England. [32] New London [33] Delaware: Wilmington: October 15, 2011 150 [34] District of Columbia ...
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