Let’s face it: The housing market is tough right now. Home prices are high, interest rates are up, and many people are finding it harder than ever to afford the house of their dreams. It's no wonder ...
Short sales and foreclosures are two financial hardship solutions available to homeowners facing financial hardship. A short sale allows selling for less than the mortgage to avoid foreclosure.
When a homeowner has gotten behind on their mortgage payments, they might do a short sale to avoid foreclosing on their home. In a short sale, the homeowner’s lender agrees to sell the house for a ...
Common short sale myths once evidenced widespread confusion about what a short sale is - mostly misconceptions that they are quick, or faster than “normal” real estate transactions. In reality, the ...