A short sale could benefit a seller, especially if the alternative is foreclosure, but there are some drawbacks Written By Written by Contributor, Buy Side Angela Mae is a contributor to Buy Side and ...

A short sale is when a property is sold for less than the amount owed on the mortgage. Short sales aren’t as common as they were during the decade following the 2008 housing crash. That’s because with ...

Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...

A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but you ...

When your home value sinks below the amount you owe on your mortgage and you need to sell the house as soon as possible because you can't keep up with payments, a short sale might be your best option.

The Tax Court held that a taxpayer couple’s short sale did not result in a deductible loss because the sale of the house and the subsequent debt cancellation were both part of one transaction rather ...

A short sale involves selling a property for less than the mortgage owed with lender approval. A foreclosure occurs when the lender takes ownership of the property due to the borrower’s failure to ...

VA loans can be used to purchase short sale properties as long as VA guidelines are met. Short sales are the result of a delinquent loan, and the borrower and mortgage servicer have agreed to sell the ...

Many buyers tend to be interested in short sales because they’ve heard that they are a way to buy a home for less than its market value. While that statement is true, navigating the short sale process ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Recently, our good friend Michael (a local realtor) shared his experience with Leisa and I about an "Obama supporter" he encountered while showing homes to a low income, working family in Pontiac, MI.

Stock short selling involves borrowing, selling, and repurchasing stocks for profit. Real estate short sales allow borrowers to sell homes for less than loan value. A real estate short sale is viewed ...