Unfortunately, there are no shortage of scammers who use the ploy of stating they can lend on high LTV deals to suck in desperate borrowers.

If you could get the lender to agree to a short sale, even if you have to accept a note for part of the shortage or bring cash to closing, may be the escape that costs you the least.I seriously doubt that holding onto this for three years and continuing to take your monthly loss will result in a net improvement.

I'm no expert on Detroit but my understanding is there's absolutely no shortage of units available.

Depending on how they're getting a loan, though, the lender may refuse to allow them to make up the $6000 shortage.

We just get mad when they don't squander it in OUR DIRECTION.Milton Friedman the famous economist once said - and I paraphrase-"If the US Govt. took over the Sahara Desert, in 6 months there would be a shortage of SAND"I remain forever a fan of Real Estate,Rob ElyREauthor

There's no shortage of buyers in the better markets in CA.

Most of the valley has been experiencing sale price increases since spring 2012 due to inventory shortages and continued strong demand.

There is certainly no shortage of risk in the stock market if you want it!

For me to be able to do it the way I want to I'd have to find a broker that will let me cherry pick notes from my home territory, but there shouldn't be a shortage in a metropolitan area of over 4M people in one of the areas most affected by the real estate bubble.

One of the foremost PHX RE experts is calling that there will be a chronic shortage of housing.