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In the following video Vicki Cox Colder (2009 NAR President-Elect) offers the following five tips on short sales: (1) Reach out to homeowners and be their advocate; (2) Find a HUD-approved credit counseling agency; (3) Read the listing carefully; (4) Educate consumers on length of time required to approve a short sale; (5) Find out whether seller has recourse loan or non-recourse. Worth your while. (More videos from REALTOR® TV: HERE.)
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