A short sale is when a home is sold for less than what is owed on it. This type of transaction often occurs when the homeowner can no longer keep up with mortgage payments and decides to sell the home at a loss rather than go into foreclosure. A short sale is only done with [...]
Whether you are a first time borrower or one who has loans in the past, the best mortgages are generally obtained by using the services of a mortgage broker. But how do you go about finding a broker you can have complete faith in and trust to get you the very best deal? First of [...]
While the popular network news stations would like you to think that the recovery is upon us, and therefore the foreclosures and bankruptcies were going to end… the fact is that foreclosures are still likely to be with us in record proportions for the next few years. Check out this article on reuters. It contains [...]