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Can I sell my home during a foreclosure process?

Yes! It's called the Compromise Sale or the "Short Sale" and a foreclosure notice does not prohibit you from selling your home as long as you still have title to your home.

A "short sale" is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the bank. The bank in return accepts the proceeds as full settlement of the debt.

A borrower must prove that a hardship exists. The lender must be willing to accept the short sale proceeds as full settlement of the debt. However, you must act quickly and select the right real estate professional, one well versed in "Short Sale". 

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