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short sale: Short sales -- people in the details
- 04/14/08 10:52 AM
'Seems like it's almost an everyday thing nowadays to see one news spot or another that shows an anxious homeowner talking about the distress of the current market. Many of these spots include sound bites of the homeowner sharing testimonials about the confusion he/she experienced when they originally signed loan docs... 'seems many didn't understand the details back then.
Fast forward to today, after the rates have adjusted, the higher monthly payments have come home to roost and the prospect of a foreclosure hovering on the horizon, it's not too far a stretch to imagine there being homeowners today who are similarly … (3 comments)
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;)
;)
