Pros & Cons of a Short Sale Well first – what the heck is a short sale? Per WikiPedia: In a short sale, the bank or mortgage lender agrees to discount a loan balance because of an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with [...]
The Loan Modification Outlet – did a great job of explaining the pros and cons of a loan modification… They charge for their service, we don’t make any money referring them, and we don’t recommend or not recommend their services… they just did a great job of explaining it all in detail. Enjoy! A loan [...]
Being a professional house buyer, I meet a lot of folks along the way who are trying to decide is it better to sell or rent a house? Of course the answer is it all depends. Here are some thoughts to consider. Can you sell it right now? Most likely the answer is yes. In [...]