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If you have a seller that is thinking about letting a home go into foreclosure you may want to explain some of the benefits of a short sale. For one thing if the owner opts for a short sale and not a foreclosure, the owner is in control of the sale, and not the bank if it goes to foreclosure. If you sell the home you can spare yourself the social stigma of the bank foreclosing on your home.
from: http://ezinearticles.com/?Short-Sale-Vs-Foreclosure&id=5993557
