The Wall Street Journal has been publishing about strategic mortgage defaults for a while now, and probably coined the phrase. In April, I posted on the topic after an NBC report. CBS filed it’s story on the subject on the May 9, 2010edition of 60 Minutes: Watch CBS News Videos Online This is just another […]
So you want to buy a Short Sale?
Second only to Foreclosures, Short Sales create a lot of buzz among investors and home buyers looking for the almighty good deal. A short sale is a property that is sold for less than is owed on it. Pretty simple concept: you bought a house for $200,000 in 2004, with 10% down. Over the years […]
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