Tag Archives: foreclosure

Selling Short: Debunking Some Myths about the Process

Real Estate #102 for struggling homeowners

Residential Real Estate Lawyer Selling Short Process

Homeowners thinking about selling short – asking mortgage lien holders to release their lien against the property for less than what is owed, in order to facilitate a sale to a bona fide buyer – are faced with some difficult decisions.  A short sale can impact credit for years, so the decision should not be …

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Selling Short: A Beginner’s Guide to Avoiding Foreclosure and Bankruptcy

Real Estate 101 for struggling homeowners

Residential Real Estate Lawyer Selling Short Guide Foreclosure Bankruptcy

Struggling homeowners who cannot keep up with mortgage payments have few choices when faced with the realities of job loss or other financial hardships which make it difficult or even impossible to pay their mortgage.  Generally, there are three options: (1) Bankruptcy, (2) Foreclosure or (3) Short Selling. All three options have negative effects on a …

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