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 ...

Q: In April I offered $165,000 on a short sale that was listed at $150,000. My offer was for all cash, but we just found out the property was sold in June to someone else for $160,000 — $5,000 lower ...

It's a question many real estate agents hear from clients: Why do short sales take so long? Despite improving real estate markets, short sales and foreclosure sales will be with us for the foreseeable ...

We've all been there. We helped our borrower through the mortgage process, the appraisal came in and the value is right. The seller is ready, willing and motivated. The only problem … “it's a short ...

Distressed homeowners looking to preserve their credit are unlikely to gain a FICO-score advantage by launching short sales in lieu of foreclosure, according to a recent post on the credit score ...

Q: On Sept. 28, we made an offer on a short-sale property where a previous buyer “walked out,” but it says “approved short sale.” My question is why is it taking so long for our approval? We have been ...

Before the subprime debacle hit last summer, the term “short sale” was not in New York City’s real estate vocabulary. Now, while short sales are far more prevalent outside New York, some brokers in ...

Equator, a software provider of default servicing solutions, has announced that it has launched its Agent Short Sale Certification Program to assist real estate agents with the increasing demand for ...