Distressed homeowners in Silver Spring, MD are in desperate need of foreclosure solutions. Loan servicers have become more flexible and accommodating with respect to approving modifications and refinances, but not everyone qualifies for these alternatives. Fortunately, these are not the only options for homeowners who are struggling to meet their mortgage obligations. Short sales have become increasingly popular since the start of the housing crisis. As a result, the short sale process - once arduously long, unstructured and stressful - is now more streamlined and efficiently organized.
If you have exhausted all other foreclosure alternatives and would like to 'short sell' your Silver Spring, MD home, here are the types of short sales available: Continue Reading