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Entries Tagged as 'Short Sale'

Do Mortgage Banks Really Want To Renegotiate Your Loan When Facing Foreclosure

August 14th, 2008 · 2 Comments

I find it interesting in the current climate of the Congress putting pressure on the Mortgage Companies concerning Foreclosure that Homeowners are told to tell the mortgage banks that they in trouble and the banks will gladly discuss new finance arrangements. I find that this is only a half truth [...] Read more »

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Tags: Short Sale · What to do first · mortgage · selling home

Short sale process

June 19th, 2008 · No Comments

Jack wrote a great article on short sales from the
investors stand point, but they give the homeowner an idea
how they work. Jack mentions that a foreclosure is better then
a short sale. Yes for the bank he might be right, but I don’t agree
because the marketed is flooded with houses currently [...] Read more »

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Tags: Foreclosure · Short Sale