Short Sales

Dec. 8, 2009

Bloomberg interviews Sean Shallis about Short Sales

With foreclosures still on the rise, the real estate market has found salvation in the short sale market. The short sale of a home is possible when the property sells for less than the amount owed on the loan. In order to make this possible, the mortgage lender must agree ...

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Nov. 11, 2009

Short Sale vs Foreclosure: Which one is best?

With the unemployment rate at 9.5% as of October and headed to 10.5% by the end of the year, foreclosures and short sales are occurring in epidemic proportions. When someone is facing the devastating fact that they can no longer maintain their mortgage payment, it is important for ...

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