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Short Sale vs Foreclosure – What’s the Difference in Lafayette?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Lafayette, Louisiana? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

4 Things to do if You Are Upside-Down on Your Mortgage in Louisiana

Whether you find yourself overpaying for a property in a bidding war, falling behind on mortgage payments, or experiencing a dip in property values, being upside-down on your mortgage can be a challenging situation for homeowners in Louisiana. If circumstances necessitate a quick sale rather than waiting for market values to rebound, you may feel … Continued

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