Short sales and foreclosures are two financial hardship solutions available to homeowners facing financial hardship. A short sale allows selling for less than the mortgage to avoid foreclosure.
If you fail to make mortgage payments for an extended period, your lender may take control of the property and sell it. For much of this process, known as foreclosure, you'll still have the chance to ...
Borrowers “handing back the keys” to commercial properties is not a new occurrence in real estate, but it is something the industry could see a lot more of this year. With mortgages maturing into an ...