Anyone facing foreclosure knows that time is of the essence. Mortgage lenders rarely wait around before taking action on a borrower who has missed a payment, which means that getting control of the situation must happen...
It wasn’t that long ago when homeowners scoffed at the idea of a short sale and buyers were too scared of the idea to put in an offer. These days short sales are becoming more commonplace and many are finding they can offer...
Economists are predicting that 2012-2013 will be the ” Year of the Short Sale”, which comes as better news than 2011 being the “Year of the Foreclosure”. Despite low property values and record...
Just a few short years ago you would be hard pressed to find a home buyer that was open to a short sale. Carrying a reputation for being difficult and the assumption that there may be something wrong with the home, many...
As a strategy to avoid foreclosure, and the negatives associated with one, a short sale can be a good option for some homeowners. Other than having to move out at the end of the sale, homeowner struggling with mortgage debt...
