Deeds-in-lieu don’t harm a borrower’s credit rating as much as a foreclosure or a bankruptcy, but because they are treated as debts that are “not paid as agreed,” they … [Read more...]
Short Sale could result in call from Debt Collector
July 28, 2010 by Leave a Comment
Banks usually have four years in which to file a deficiency judgment, but they can sell it to a third-party collection agency -- “and the collection firms can chase you down … [Read more...]
Survey: Sellers, buyers disagree on home values
July 2, 2010 by 1 Comment
The poll results show that 28 percent of homeowners and just 20 percent of agents and brokers expect residential values to rise during the next six months, while 33 percent of … [Read more...]
