This article just popped up in my Facebook feed.  House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact...

A friend bought a piece of land at the height of the market. It is now worth almost nothing. He would like to have this monkey off his back, but doesn't know how to proceed.It is mortgaged, and he would like to simply...

Great forum first up.

I am getting ready for short sale. I have been reading so many topics on this forum about deficiency judgment, lenders coming after the seller 6 months after the short sale etc.

So I am thinkin...

What do agents think about recommending to sellers that they include a clause in the purchase contract that the buyer's EMD is no longer refundable, and immediately disbursed to the seller, upon satisfactory inspectio...

I'll going to buy new home, right now I am looking for loan, I heard a word "foreclosure" .So may anyone explain me what is foreclosure?

Hello !

Been awhile. I currently have a 3b1b in TN, which I owe probably more than it's worth. It's been a hassle to deal with with property management and such and at this point I'd rather get rid of it.
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I may have a deal with a short sale.  I can run the numbers, but what happens to the current owners when they do a short sale?  Will there be any long lasting negative effects to their credit?  Anything else negative ...

Hi Everyone! Any suggestions, greatly appreciated. I'm trying to help a good friend out that got herself into a real bind. She bought a property from a shady investor in Birmingham, AL 1/09 that has been nothing but ...

Hi everyone,I just purchased a property at the courthouse steps for $11,000.  It is a 1/2 acre property close to Auburn, Alabama with a doublewide mobile home on it.  I went to the property after the auction and intro...

I've stayed away from short sales as long as I possibly could, but now a family friend is in the unfortunate position of having to short sale or face foreclosure...and all of a sudden I am now forced to be a short sal...