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Sergei Fedorov Selling His Detroit Mansions on Short Sale

Sergei Fedorov, better known for scoring hat tricks than missing mortgage payments, is facing foreclosure on two of his Michigan mansions. The ex-Red Wings star owes more than $2 million on two Bloomfield Hills properties, according to Detroit News. The PrivateBank...

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End of Your Emotional Rope! Strategic Short Sale

This is a video from CNN that is beating up this guy about his decision to do a Strategic Short Sale. However, this homeowner "investor" is right! Morally wrong?  Is it morally wrong for banks to default on their properties? or is it a business decision? The last 4...

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