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One argument I heard for extending the deadline was that many of these purchases were for short sales and short sales are notoriously slow. This, too, doesn't seem to stand up to scrutiny. First, I...
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Mr. Yun's statement WAs ridiculous....one of the lenders we use (I am a real estate broker)was closing loans in 2 weeks,if necessary , during this timeframe. And as for short sales, we cautioned buyers...
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