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- Short Sales Continue to Become More Common than Foreclosures
- Foreclosures Avoided with 422,000 in Short Sales and 850,000 in Loan Modifications in 2012
- Obama Administration Reports on Loan Modifications and Foreclosures in January
- Freddie Mac’s New Short Sale Process Has Begun to Take Hold
- U.S. RMBS (Residential-Mortgage Backed Security) Delinquencies Dropped in Q4 2012
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Recognizing Short Sale Fraud
As the number of foreclosures has increased nationwide, so has the amount of fraud activity related to short sales In a legitimate short sale scenario, there is no reason for you to leave your house The third type of short sale fraud involves agents who charge an upfront fee for a short sale Continue reading
Posted in Homeowner Information
Tagged arms length agreement, deed, Fannie Mae, flipping, flopping, fraud, home buyer, mortgage fraud, negotiate a short sale, power of attorney, short sale, short sell a house
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John Anderson