SHORT SALES – As housing falls, short sales becoming common
Why so many short sales?
The combination of falling home prices and homes financed with low down payments means many homeowners owe more on their properties than they’re currently worth. Add to that the population of homeowners who face… Continue reading
California Short Sale Deficiency Protection
Senate Bill 931, providing California Short Sale Deficiency Protection, will go into effect on January 1, 2011. This new law states that existing lenders of record who have approved and agreed upon a short sale will not be… Continue reading
Today’s Environment Creates New Reality
Regulations and poor market conditions have changed business practices over the past several years, but that doesn’t have to be a negative.
This year’s regulatory environment has created a business atmosphere altogether different from what the industry knew as recently… Continue reading