Good Friday everyone,
With the amount of misinformation that is out there, (i.e. link to Washington Post article below), I have created a place where anyone can go to ask questions and have them answered by experienced professionals.
I believe that a good amount of distressed home owners might not feel comfortable asking delicate, private financial questions to people they know and as a result, in in a lot of the cases, they do not ask anyone, and get themselves in deeper trouble. The message board is a venue where distressed homeowners can get good information while maintaining their privacy.
Please visit the message board to answer questions, to ask questions, to post or blog about your experiences.
*Washington Post article, dated July 20th 2008, stating: "The result of a foreclosure or a short sale is basically the same..."
In my opinion, nothing could be further from the truth. The article touchs on a couple of valid points but the information is confusing and not helpful to someone who needs to make a decision on what do to with their whole financial future.
http://www.washingtonpost.com/wp-dyn/content/article/2008/07/19/AR2008071900107.html
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