rockland foreclosures: Why a Short Sale? - 05/29/12 04:06 AM
Last week I was surprised to hear of a bank serving a homeowner with a lawsuit for a deficiency balance.  I have been selling real estate for 18 years and doing short sales since 2003.  My surprise has come with a property that has gone into foreclosure and the bank taking a very aggressive position of suing the homeowner for the deficient balance of the loan. That leads me to answer a question posed to me frequently.
So why a short sale?  First, let me explain what a short sale is.  The bank holding the lien (there can be 2 banks … (0 comments)

 
Esther Camarotte, Real Estate with Passion and a Tech Savvy Edge (City Center Realtors)

Esther Camarotte

Real Estate with Passion and a Tech Savvy Edge

Arlington, VA

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City Center Realtors

Address: 3000 North 10th Street, Arlington, VA, 22201

Mobile: 202-344-0045

Office: 703-955-7050

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Real Estate the way it really happens.


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