Have you ever wondered what happens if you're put in position to default on a home loan? This article walks through the process from start to finish and gives you a list of some of the terms that are used if you're ever in that position.
http://recenter.tamu.edu/pdf/1786.pdf
If you can't tell it's from the Real Estate Center at Texas A&M University. It's a great resource for all things real estate in Texas, commercial and residential.
Eric Holmes
REMAX DFW Associates
Eric@214House.com
yahoo IM: eric_holmes_realtor
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