Federal Short Sale Laws?

Answer Short sales are an important route to avoiding foreclosure for many distressed homeowners. As a result, short sales are sometimes effective at preventing costs and credit challenges. The federal go... Read More »

Top Q&A For: Federal Short Sale Laws

Michigan's Short Sale Laws?

A short sale occurs when a home is sold for a price that does not satisfy or pay off the existing loan on the home and the lender accepts the lesser value to satisfy the outstanding debt. Often sho... Read More »

Short Sale Laws in California?

A short sale is a sale in which a homeowner sells the house for an amount less than the amount owed on the mortgage. The mortgage lender approves the sale and accepts a reduced payment to discharge... Read More »

Virginia Short Sale Laws?

Virginia homeowners who fail to pay the required mortgage payments on their home loan may face foreclosure action by their lender. Homeowners facing foreclosure may wish to consider an option to av... Read More »

What happens to a judgement balance in a real estate short sale in New York state. If there is no equity in the sale will the judgement be released?

In any state, Judgements are usually filed with a court. In order for the Judgement to be released, someone -- preferably the party that filed the Judgement -- must be satisfied before the Judgemen... Read More »