Category Archives: Short-sales
Will Banks Start Playing Hardball With Foreclosures?
Explanation of deficiency judgments in the foreclosure process.
Short Sales May Not Make the Deadline for Tax Credit
Short sales may not close in time for buyers to qualify for the April 30 deadline for the home buyers tax credit.
Real Hope for Underwater Homeowners
Business Week reports that lenders are sometimes reducing the principal of a mortgage when doing a loan modification.
Short-sale or Foreclosure?
I saw a sign once that read as follows: “If you have to eat a live toad, don’t look at it too long. If you have to eat several live toads, eat the biggest one first.” I think this may be a good way to look at short sales verses foreclosure when it comes to [...]