Requires free registration.Interesting quote from article"“I think everybody overestimated the borrower’s desire to do a short sale versus living for free until a foreclosure date,†said Christopher Saitta, the chief executive of Equator, a Los Angeles company that has created technology for servicers to process short sales through the government’s Home Affordable Foreclosure Alternatives program.There are only a handful of plausible explanations for why higher-value properties are going the short-sale route.

Right there is where 90% of the problem lies.

And somebody please forward it to that agent that that was here a couple of weeks ago defending his article of lies.

Realtors are in business to make sales and make money, not advise people in legal matters, but in this case, the Realtor was either grossly misinformed or just plain lied to make a sale.You can read all the regs, laws and contracts you like, you won't find any period of time that constitutes a holding period for an owner occupied home.

Ya think Obama is a lair, OMG, EVERYTIME BUSH opened his mouth he lied.

In my area, IRS liens show up as judgments against the person owing the back taxes to the IRS - they aren't found "on title" in the public record as a mortgage lien would be.Regarding IRS right of redemption, most will advise you to "let sleeping dogs lie" - if the IRS isn't on the case, the 120 days goes by pretty quickly.

Saying "yes" when the correct answer is "no" would be a lie, right?

After months of research, I have realized that the BEST and most profitable area in Real Estate lies in Condos in Florida.Right now, I could buy 150 Condos that were selling for $160K each, 2.5 years ago for 35K each today.

However, I could do without the pontification and suggestion that I am scheming to sneak and lie, or that I am dishonest or not integrous.

There's times when I start to wonder if perhaps the liberals aren't partially right about her....till I remember they're liberals and the best indicator of a strong conservative candidate is the person they have to single out and destroy with lies and made up quotes.