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HOA(s) have the misguided notion they need to charge the maximum amount of interest. Then when payment is not forthcoming file a lien with the intention of following up with foreclosing. The problem with this single minded approach, almost 100% of the time there is a first lien holder, i.e. the bank whose interest supersedes the HOA’s.
Published by Abron Toure 65 months ago in Short Sales | +0 votes | 0 comments
What is the better option, Short sale or foreclosure? In this time of another depression, so many people are being forced out of their homes. Just as we did, you may be faced with the option to go short sale or foreclose. Many people are facing these hardships and wonder, what is better, short sale or foreclosure? Learn if there is a good option between Short sale or foreclosure.
Published by Susan Lee 76 months ago in Short Sales | +5 votes | 0 comments
Article on using a short sale to avoid foreclosure. Selling in a short sell will help your credit recover faster than foreclosure allowing you to buy a home again in a few years time.
Published by John VanCott 80 months ago in Short Sales | +6 votes | 10 comments
Both short sales and foreclosures will have a negative effect on your credit score; however, one of these options will impact a homeownerÂ’s credit score significantly less.
Published by Colleen Costello 83 months ago in Short Sales | +0 votes | 0 comments
Should I buy a home lsited as a "short sale"? Should I buy a "short sale" home?
Published by Randall Rafoth 97 months ago in Short Sales | +2 votes | 0 comments
Must a homeowner pay income tax on the amount of debt forgiven resulting from a short sale or "mortgage workout?"
Published by Don Phelan 101 months ago in Short Sales | +3 votes | 1 comments
Short Sale Info for the Home Owner
Published by Jennifer Buchanan 103 months ago in Short Sales | +1 votes | 2 comments
Published by CAWest 116 months ago in Short Sales | +0 votes | 0 comments