Heroic Investing

short sales

Hardships Open Doors to Short Sales

Hardships Open Doors to Short Sales

Recent news that the number of US mortgage delinquencies continues to fall indicates good news for the beleaguered US housing market as a whole. With better employment conditions and a willingness on the part of some lenders to assist struggling homeowners, fewer houses are ending up in foreclosure....

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Short Sales: A Target for Fraud

Short Sales: A Target for Fraud

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 fraudulent practices by all parties...

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