May 20, 2012

Why Do Banks Do Short Sales?

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Why Do Banks Do Short Sales? A question we get asked all the time is, “Why do banks do Short Sales?”  It’s about the money.  Banks make an average of 13% more on a Short Sale than they do on a foreclosure.  One of the other factors is that no matter what, they end up…[Read More]

Credit After A Short Sale

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Life After A Short Sale Are you wondering, “What happens to my credit after a Short-Sale?”  Maybe you’re upside down 30% or 40% and you’re thinking of doing a short-sale.  Maybe you’ve been working on a loan modification and it’s not working out; so you’re wondering what your options are. Well here’s the thing; life…[Read More]