You may have heard of a short sale, and you may have a friend or neighbor who has sold or bought a short sale home. The following will answer important questions, including what is a short sale, and ...

A short sale could benefit a seller, especially if the alternative is foreclosure, but there are some drawbacks Written By Written by Contributor, Buy Side Angela Mae is a contributor to Buy Side and ...

Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...

A popular theme in the responses we have received to our request for feedback from the foreclosure front has been the confusion, delays, and inflexibility on the part of mortgage servicers in handling ...

Let’s face it: The housing market is tough right now. Home prices are high, interest rates are up, and many people are finding it harder than ever to afford the house of their dreams. It's no wonder ...

Selling your home through a short sale can help you avoid foreclosure, but it might make it difficult to get another mortgage. Short sales can damage your credit, and they can stay on your credit ...

With residential real estate prices still depressed, sellers and buyers continue to find themselves navigating the murky waters of a short sale. A short sale is a sale of property for less than the ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but you ...

A short sale will help you get out from under a mortgage, but also hurts your credit score. A short sale requires negotiations between you, your lender, and a buyer. If your mortgage balance exceeds ...