Deciding the fate of your home when you can’t afford to maintain the payments is a tough position to be in. Many people are faced with this decision each day and many are finding their choices to be plentiful, but...
Depending on who you ask these two concepts may be used interchangeably. There are some who consider a short sale to be a strategic default, while others view a short sale as a foreclosure alternative that has nothing to do...
As a mortgage debt solution, short sales are becoming increasingly popular. Bringing more money for the lender and less risk associated with foreclosure, short sales also have the potential to save neighborhoods from...
While short sales have yet to gain the accolades they warrant in some cases, the truth is that an increase in short sales is a good sign. Mortgage industry experts agree that short sales are an indication that the foreclosure...
The short sale process isn’t for everyone. With additional effort of securing an offer, waiting for the lender to approve or deny the sale and the stress of the foreclosure looming, many people simply avoid the process...
