Mortgage Distress? No Fear! – Short Sales and Foreclosures

Mortgage: “ The Making Home Affordable (MHA) program, which includes both the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP), has been extended through December 31, 2016.” Mortgage payments are difficult, people. We’re all aware, and no one’s pretending that the struggle isn’t real. However, push your worries aside slightly, for…

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Underwater Sellers Refuse What? – Short Sales and Foreclosures

“Real estate professionals say that their underwater sellers are less likely to consider a short sale, even if faced with foreclosure. “There are still millions of homes underwater, but short sales have fallen off considerably,” says Mark Zandi, chief economist at Moody’s Analytics. “It’s gumming up the system” and could be limiting home buyer activity.…

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