Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...

There are some great deals out there right now in the housing market — particularly with foreclosures and short sales — but let the buyer beware: You could be buying a money pit. A foreclosure occurs ...

The pace of completed home foreclosures slowed a bit in August nationwide, as banks increasingly turned to so-called short sales to avoid the lengthy process of seizing, maintaining and selling ...

In this buyer's market, some homebuyers ask themselves: Will purchasing a short sale or foreclosure end in disaster -- or yield a jackpot? And which type is best to go all-in with: a short sale or ...

A short sale involves selling a property for less than the mortgage owed with lender approval. A foreclosure occurs when the lender takes ownership of the property due to the borrower’s failure to ...

Make sure to read the following articles for more information on short sales and answers to common questions. "The Definitive Guide To Short Sales" "Short Sale FAQs" In our comments section we mainly ...

Buying property below market value is sometimes possible through foreclosure sales. Here’s how to find listings and ...

Short sales and foreclosures are two financial hardship solutions available to homeowners facing financial hardship. A short sale allows selling for less than the mortgage to avoid foreclosure.

At first glance, a foreclosure and a short sale can seem similar. After all, they both occur when you're having trouble covering the costs of owning your home. However, if you're facing one of these ...

A strong rip current of distress continues to threaten the U.S. housing market despite the absence of a giant wave of bank foreclosures in 2012. There’s no doubt that the great foreclosure wave of ...