short sale: The "Short Refinance" - A Real Live Example - 11/30/08 09:25 PM
Picture this scenario - client purchased a home nearly two years ago with 100% financing and a 2/28 adjustable rate mortgage, expecting to refinance into a fixed rate before the first adjustment period. Fast forward a year and some change, and the market TANKS, so now he's upside down by $70K (8 comments)
short sale: Alternatives for Avoiding Foreclosure - 11/19/08 04:37 AM
In the current real estate market, I believe it is a moral imperative that individuals armed with real estate/mortgage knowledge use it to help homeowners facing hardship to save their homes. There are several options that may be available to these homeowners, including loan modifications (changing the terms of the loan without refinancing), (0 comments)
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