Question:

We just found out that the notice of defult was taken off a a house that we have an offer on .?

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what does this mean?

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2 ANSWERS


  1. Normally, it would mean that the owner has caught up on his/her mortgage payments and is no longer in default on the loan.


  2. They paid up, most of them do.    You need to find out if it is still for sale, but if it was a short sale it is not, the bank will no longer short sell it.

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