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 ...
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.
The practice causes severe havoc on credit, results in erroneous coding of a foreclosure for a short sale and delays consumer rebound for new credit and re-entry into the housing market. And, it can ...
Q: I found your article very helpful. I’m a homeowner in that situation where you have to go between short (sale) and foreclosure. In your article, you intimate that if the (federal Mortgage ...
A short sale is the sale of a security that the seller does not own. This is a highly speculative form of trading where the seller believes that the price of a security is going to fall and they will ...