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 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 ...
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.
Educational feature explores ethical investing strategies amid rising foreclosure activity BOCA RATON, FL, UNITED ...
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 ...
Next to filing for bankruptcy protection, nothing wrecks your chances of qualifying for a home loan like a foreclosure. And if you got out from under an oppressive mortgage through a short sale - when ...
Is there a right way to lose your home? And is there any good reason to pay for "expert" advice on how best to do it? The result of a foreclosure or a short sale is basically the same -- a lost home ...
Real estate agents expect more lenders to sell homes in Maryland at a loss instead of foreclosing if the state’s Court of Appeals approves a new rule giving courts more power in the foreclosure ...
There’s good news for anyone who has suffered a foreclosure, short sale, bankruptcy or deed-in-lieu: FHA recently announced that if you lost your job or had a decrease in income of 20 percent or more ...
Real estate agents in the Triangle said they are seeing lots of business in short sales, which some families are using as a last effort to save themselves from foreclosure. The Sconzo family used to ...