how long do I have to wait in order to get a new mortgage if I do go ahead with a short sale? There are several variables at play in this question. Are there mortgage lates? How was the short sale reported on your credit report? How much was your credit affected? A well…
Do you have to miss one or two mortgage payments in order for a lender to approve a short sale? You don’t necessarily have to miss a payment to have a short sale approved. Worries about missed payments and the effect on one’s credit has always been a legitimate concern for any seller considering a…
PROPOSED DOWN PAYMENT RULES WILL IMPACT ALREADY HARD-HIT STATES CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released negative equity data showing that 11.1 million, or 23.1 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2010, up from…
