A short sale is far from hassle-free, but it´s a better alternative than foreclosure. And now you´ve got a little help from your friends in D.C. Here are the facts about short sales and how to get started.
WASHINGTON – Nov. 19, 2009 – A second wave of foreclosures is poised to hit the market, potentially undermining housing recovery efforts as more homes add to the glut of inventory and drive down prices.
SAN DIEGO (AP) – Oct. 15, 2009 – Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday.