Tag Archives: short sale
What are Some Things to be Wary of in a Short Sale?
Many homeowners are proceeding with short sales rather than foreclosure when they cannot get a loan modification or meet their obligations to their lender. In March of 2012 short sales represented more than 14 percent of existing home sales, compared with about 10 percent in 2010. While the number of short sales is rising,… Read More »
Short Sale or Foreclosure?
When you find yourself unable to make your mortgage payments, or when the value of your residence sinks below the amount of your mortgage, you may face some hard choices. But whether your financial difficulties are caused by a job loss, divorce, a catastrophic medical event or because you need to relocate for a… Read More »