What Is a Short Sale and How Does It Work?

A short sale, if done well, can allow you to walk away from your home free and clear, even if you’re underwater right now. For many homeowners, a short sale is the only option that allows them to avoid certain foreclosure. ==> What Is a Short Sale? A short...

How to Get a Loan Modification

If you’re underwater on your property and having trouble making payments, getting a loan modification could be a much more reasonable approach than a straight out default or foreclosure. A loan modification involves restructuring your existing loan so that your...

How to Buy a Home after Bankruptcy

There’s a common misconception that bankruptcy will kill your chances at getting a home loan. This isn’t true. In fact, surveys have shown that it’s possible to get a loan as quickly as 18 months after filing bankruptcy. Though that’s an...