Between foreclosures and short sales what is the best option for a residential borrower who is just too far behind to ever be able to pay the bank to reinstate their loan? Well there is quite a bit of difference between foreclosures and short sales. A foreclosure is the banks last line of defense for seizing a secured asset due to nonpayment of a loan they issued that... Read More
The short sale exit strategy has become a popular way of dumping property a homeowner is upside down in. This is not new news. It is a sad reality but that is what the current economic times has led us in to. For the investor looking for the best price, buying home foreclosures or a short sale in mid 2009 will be very beneficial. 
