The Federal Housing Administration is continuing to extend better service to mortgagees by re-evaluating the guidelines it uses to approve loans, particularly loans applied for by people whose income and credit where affected by the recession. Many homeowners experienced unemployment or pay-cuts ... » Learn More about FHA Ready to Forgive Homeowners Affected by the Recession
short sale
To Pay or not to Pay (On your Short Sale)
One of the most common questions I am asked by my short sale sellers is “Do I continue to pay my mortgage while I try to short sell my home?” Simple enough question right? Well, the answer is maybe. It used to be that in order for many banks to even consider your home for a short sale, you had ... » Learn More about To Pay or not to Pay (On your Short Sale)