One Saturday morning, my husband and I shadowed our inspection agent as he scrutinized the 4-bedroom house we’d bid on …
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short sale
While many homeowners may have been concerned about the effects that the recently-concluded fiscal cliff negotiations might have on their …
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Short sales are on the rise and more and more underwater homeowners asking how their credit scores will fare after …
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Are you one of the millions of consumers who opted to do a short sale on your home during the …
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In this series, Underwater on Your Home? I describe six possible options available to you if you are underwater on …
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In this series, I detail six possible ways to deal with an “underwater” home—one that’s worth less than the amount …
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CoreLogic has found that 38% of homeowners with second mortgages (including home equity lines of credit) are “underwater,” or owe …
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Short sales are reported to the credit bureaus as either settlements or charge offs. This is accurate reporting in either case because the lender has, in fact, settled for less than the full loan amount and considers the loan to be paid in full OR has charged off the deficiency balance.
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