How Foreclosures Work – Article’s by Charles W. Bryant & Foreclosurequestionsguru.com

 You made smart decisions on the path to realizing your dream of homeownership. You prioritized your spending and saved enough money for a small down payment. Your mortgage broker was creative, accommodating and worked out a loan that fit your budget. You signed the closing papers, got the keys, moved in and settled into what … Continue reading

Short Sales Explained – Article by StockMarketsReview.com

Definition: Simply put, a Short Sale occurs when a homes market value is less then the outstanding mortgage debt plus sales costs (sometimes called an upside down Mortgage. The mortgage bank(s) must agree to write-off a portion of the outstanding loan debt resulting in a short payoff. Short Sale Example: For example, if a home … Continue reading

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