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The nation’s glut of upside down mortgages is a headache for policymakers and banks alike. With nowhere to go for banks, many have resorted to outright bullying and subtle pestering to coerce borrowers into paying. Many...

Many real estate agents have become advocates of another tool from President Obama’s Making Home Affordable program called Home Affordable Foreclosure Alternatives. It is designed to help delinquent or struggling mortgage...

The home foreclosure and short sale market today is bloated. It is unequivocally a buyers’ market and will certainly continue to be for a few more years. For those selling, they make be asking for nothing short of a miracle...

Many people suffer under the illusion that a short sale is the ultimate means to escape a bad credit report. In reality, nothing could be further from the truth. Short sales, though they may save you from the stigma attached...

There are many reasons why a bank might reject your short sale offer. Some are less mysterious than others, and, more often than not, your bank hasn’t heard the magic bargaining number that will release you from their...