 With increasing unemployment comes the increase in short sales nationwide. Short sales give homeowners an option other than going through the embarassment of foreclosures, while banks avoid the legal bills and maintenance costs the follow a foreclosure. Short sales usually sell for more and get more money for the banks than foreclosures. In turn, ...
According to DSNews.com and a recent national survey taken last month, 1 in 3 Americans would not be able to afford their mortgage after only ONE MONTH of being unemployed! Many people feel that they are the only ones living paycheck-to-paycheck, but 61% of those surveyed said that they would not ...
Why has there been an increase in the amount of short sales in the last year? Short sales, which many people are still unfamiliar with, are becoming more and more popular throughout the country with a noticeable increase in many states. Large banks including Bank of America and Wells Fargo have also had an increase in the ...
Be the Owner of this Charlotte Home! Great investment opportunity on Charlotte ranch-style home, priced over 50K below tax value! The home comes with three bedrooms, one bathroom, and three parking spaces for only $19,000! For more information, call 704-889-5600. Click below for property MLSÂ listing sheet: 4207 Dinglewood Ave. ...
“Treasury is currently reviewing a proposal to aid distressed homeowners by allowing a short sale of mortgage notes from mortgage-backed securities (MBS) trusts to new investors.” (DSNews.com) Jordan D. Dorchuck of American Home Mortgage Servicing, Inc. developed the proposal in hopes of making the lives of distressed homeowners much easier ...
About a week ago, The Mecklenburg Times turned its focus from the devastation of homeowners in today’s market, to the success of the real estate agents behind the scenes, working their hardest to sell these homes and get their clients the best deals out there. Click on the article below to continue ...
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