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 ...
Rising interest rates and high inflation have some homeowners seeking a short sale to solve financial problems. A short sale occurs when a property sells for less than what homeowners owe the mortgage ...
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 ...
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 ...
If you owe more on your home than it's worth, you may be hearing a lot about short sales. That's when you sell your property for the current market value, even though that's less than your mortgage.
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 ...
WASHINGTON — If you’re one of the estimated 11 million homeowners burdened with an underwater mortgage, a new federal policy change could be good news: Starting in June, when you want to do a short ...
The short-sale process is expected to get shorter starting June 15. New guidelines issued under the Federal Housing Finance Agency will require Fannie Mae and Freddie Mac to give homebuyers of short ...
A new program from the Realtor Association of Greater Miami and Beaches is taking aim at the complicated and often drawn-out short sale process. ShortSaleSolutions will reduce the processing time ...
PLANO, Texas — Three North Texas women, including one known as the "Short Sale Queen," have been indicted on mortgage fraud allegations, according to federal authorities. Nicole Espinosa, 35, of Plano ...
You may have heard of a short sale, and you may have a friend or neighbor who has sold or bought a short sale home. The following will answer important questions, including what is a short sale, and ...