Short sales – a sale in which a property is sold for less than the mortgage value to avoid foreclosure – can be a legitimate way to secure a viable investment property. But more than in other kinds of housing sales, the short sale market is especially vulnerable to...
Before the great housing collapse of 2008-2010, few people besides those directly involved in the real estate market knew much about specialized real estate deals such as short sales. But as mortgages collapsed and the number of foreclosures mounted, these kinds of...
