Short Sale Information
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A strategic default is a decision by a homeowner to stop making payments on their mortgage (to default) even though they are financially able to continue to do so. Why would someone do this? Usually it occurs when the market value of the ... Read More
Posted on Homehelper Consultants Corporate Blog on September 6th, 2011
Sep
2
What is a Deficiency Judgement?
Tags: Deficiency Judgements, short sale realtors, short sale negotiators
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A deficiency judgement is when the lender refuses to forgive the unpaid portion of a debt and tries to collect on the remaining balance. The lender can hire an attorney to sue for the remaining debt. If successful, the lender will obtain ... Read More
Posted on Homehelper Consultants Corporate Blog on September 2nd, 2011