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Are foreclosures the same as short-sales? 21 Feb 2012 | 11:33 am
With a foreclosed property, the lender is the owner and seller of the property and generally no one is living in the property. There are no second or third mortgages, as they would have been wiped-ou...
What are short sales? Should you avoid them? 6 Feb 2012 | 12:47 pm
Neighborhoods everywhere are dotted with short-sales. A short-sale is when the expected sales proceeds for a property falls short of the mortgage balance. To achieve a short-sale, the mortgage inve...
