Well, it’s only taken half a decade, but the moribund real estate market is finally starting to show signs of life. If you …
short sale
Europe Bans Short Selling. Will the U.S. Follow Suit?
Short sales plague Europe — but they're likely not coming across the Atlantic.
Now It Should Be a Little Easier to Avoid a Mortgage Default
What do you do if you owe more than your home is worth? You could simply walk away from the mortgage, as one professor suggests. But through a change in the works from the Obama administration, it should be slightly easier to get rid of the home without the stigma or complications of a foreclosure.
