Ok, If you are breathing you have been hearing about all the talk that lenders are halting foreclosures and are very concerned about their liability because they have major problems with the way they have been processing foreclosures.  This is some serious stuff and if you click on the 2 video links below these two morgtgage [...]

This video will give you a good idea of what is around the corner in the real estate industry…Short Sales, Strategic Defaults, No GSE’s, Higher Interest Rates….watch and learn. 

Put in a layman’s terms a short sale is an alternative to foreclosure where by the lender agrees to accept less money on the sale of a home than what is owed on the property.  The lender has total control of this sale and MUST agree or there will be no short sale and the [...]