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Do you know the difference between a short sale and an REO property?  An REO property is Real Estate Owned Property which means the bank owns it because the bank has foreclosed on it and it did [...]

One of the most frequent questions we’re asked is if a short sale has the same effect on a consumer’s future credit as a foreclosure. The answer is…ABSOLUTELY NOT! When it comes to credit [...]

Are you having trouble paying your mortgage? Worried your home will go into foreclosure? If you are behind on your mortgage, your home is now considered a Distressed Property. As quickly as [...]

As a Realtor in the Spring and The Woodlands area, I read a lot of articles about the foreclosure crisis and short sales.  I am a Certified Distressed Property Expert, which just means I earned [...]

Are you in need of a short sale, but have a second lien holder on your home? Having a second lien does make it more difficult to do a short sale. The first lien holder will decide how much money [...]

Ever wanted to find out more about Foreclosures in Spring, The Woodlands, and Houston, Texas? Check out this video from The Houston Association of Realtors to learn more. It’s part of my [...]

This video, produced by the Houston Association of Realtors, helps consumers to understand what a short sale is and how the process works. A distressed property is one that is in the short sale [...]

NEW YORK (CNNMoney.com) – More than 51,200 troubled homeowners nationwide received long-term mortgage modifications last month under the Obama administration’s foreclosure prevention [...]

Homeowners who have the ability to pay their mortgages but think it makes financial sense not to may want to think again. Fannie Mae announced a new policy directed at borrowers who choose a [...]

NEW YORK (New York Times) – April 5th will mark the beginning of a new program by the Obama administration intended to end the foreclosure crisis — one that will pay homeowners to sell their [...]