Jeremy Smiley - Realtor and Short Sale Specialist with London Properties
Once your home is listed on the MLS as a Short Sale, you have agreed to let the bank/your lender decide the ultimate “Terms” on which the home will be sold. A Short Sale is unique. Although you are the homeowner according to the note & or deed recorded when you purchased your home…because the… Read More
Source: Elizabeth Weintraub, About.com Guide A reader asks: My husband and I have been making our mortgage payments every month even though our home is underwater. We owe a lot more than our home is worth. Now, my husband has lost his job. We’re thinking about walking away from our home and letting it go to… Read More
Must watch video: Here is the bottom line…according to this professor..not only has the negative social stigma of a foreclosure gone away…but, now doing a strategic default (short sale or foreclosure) is seen as being financially smart… What’s YOUR opinion? Please comment below.
