Buyer’s Perspective: Short Sales vs. Foreclosures
August 2, 2013
in Home Foreclosures, Short Sales Tagged foreclosure, markets, real estate, short saleThey are known as “distressed properties,” when in reality they are properties that belong to distressed homeowners. Foreclosed properties and those being sold short are homes that the homeowner can no longer afford, for any number of reasons. If you have your heart set on purchasing from among an area’s distressed properties, you may have […]
Can I Keep My House if I go Bankrupt?
November 9, 2012
in Home Foreclosures, Mortgage Loans Tagged bankrupt, bankruptcy, chapter 13, chapter 7, foreclosure, real estate, short saleBankruptcy is never an enjoyable process. And in some cases, yes, you will not be able to stay in your house. But not in all of them, say experts. Sometimes, filing bankruptcy could be just the ticket for keeping your home. Exempt vs. Non-Exempt Assets Bankruptcy is either the liquidation or reorganization of a person’s […]