Short Sales

Banks May Be Embracing Foreclosure Alternative

AP | ALEX VEIGA | Posted 05.31.2012

Read More: Bank-Owned Homes, National Association of Realtors, Video, Foreclosure Crisis, Housing Market, Reo Homes, US Bank-Owned Homes Sales, US Bank-Owned Homes, Home Sales, Ap, Short Sales, Business News

LOS ANGELES (AP) — Homes in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter even as sales...

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A Sign Of Hope For The Housing Market

The Huffington Post | Alexander Eichler | Posted 04.17.2012

Read More: Housing Market, Foreclosure Crisis, Mortgage Crisis, Bank of America, Homeowners, Home Foreclosures, Mortgages, Video, Rental Option, Home Prices, Distressed Mortgages, Foreclosure, Renters, Short Sales, Business News

Don't look now, but there's a sign of hope in the foreclosure crisis. There were more short sales than foreclosure sales in January, according to d...

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Keeping a Roof Over Our Heads

Rep. Charles Rangel | Posted 05.07.2012

Congress must not let the Mortgage Forgiveness Debt Relief Act expire at the end of the year. Today 12 million Americans are on the verge of losing their homes because they owe more money than their home is worth.

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An Open Letter to America

Trisha Ocona Francis | Posted 04.03.2012

Read More: Personal Loans, Mortgage Banks, Rent, American Dream, Short Sales, Mortgage Payments, Loans, Business News

Why did the banks get billions of dollars in a bailout when many failed, but as a working, tax-paying citizen, my cries were left on deaf ears? How do I get out and become free again? I know everything is a risk including homeownership, and it comes with a lot of sacrifice.

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Selling Homeowners Short: Bank Strategy Backfires In Foreclosure Crisis

HuffingtonPost.com | Loren Berlin | Posted 01.20.2012

Read More: Housing Market, Subprime Mortgages, Rental Market, Mortgage Crisis, Foreclosure, Housing Crisis, Rental Housing, Short Sales, Business News

Housing investors and advocates are embracing a new strategy to keep struggling borrowers in their homes: Purchasing houses from homeowners who can no...

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'Like Being Held at Gunpoint': Banks Latest Short-Sale Tactic

HuffingtonPost.com | Ann Brenoff | Posted 11.22.2011

Read More: Foreclosures, Short Sale, Video, Housing Market, Foreclosure Crisis, Home Sales, Upside Down Loans, Cash to Carry, Housing Crisis, Short Sales, Business News

Talk about rubbing salt into the housing market's wound. Some homeowners who owe more on their mortgages than their homes are currently worth are now ...

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Are All Short Sales Bargains?

Lita Smith-Mines | Posted 11.06.2011

Read More: Attorneys, Home Buyers, Home Sales, Mortgage Crisis, Mortgage Lenders, Real Estate, Real Estate Brokers, Real Estate Commissions, Short Sales, Short Sale Mortgage, New York News

When it comes to buyers, short sales offer no clear-cut advantages. Delays abound and opportunities arise to reduce the whole transaction to a giant waste of time.

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Four European Countries Ban Short Selling In Order To Protect Markets

The Huffington Post | Alexander Eichler | Posted 10.11.2011

Read More: European Stocks, Turkey, Greece, South Korea, France, Stock Market, Short Sales Ban, Short Selling Ban, Italy, Europe, Short Selling, Short Sales, Business News

Four European countries are banning the short selling of stocks in their markets to try to halt the precipitous plunge in value of troubled European b...

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On Foreclosure -- And Great Friends

Penny Love Hoff | Posted 08.24.2011

Read More: Foreclosures, Foreclosure, Housing Crisis, Short Sales, Mortgages, Home Foreclosure Stories, Mortgage Crisis, Women News

Like one in five Americans, my husband lost his job over 18 months ago and our financial squeeze has cruelly subjugated us to choose: either our house or college for our three teenagers.

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WATCH: A Tour Of Sarah Palin's New Home

Posted 07.26.2011

Read More: JP Morgan, Video, Sarah Palin, Business Insider, Architecture, Zero Hedge, Scottsdale, Arizona, Real Estate, Short Sales, Arts News

Sarah Palin has a new $1.75 million, 8,000 square foot house in Scottsdale, AZ, but it's not the two- and four-car garages or the wraparound balcony t...

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Investors Cash In On Foreclosed Homes

HuffingtonPost.com | Yepoka Yeebo | Posted 06.10.2011

Read More: Real Estate Owned Property, Investing, National Association of Realtors, California, Morgan Stanley, Home Affordable Mortgage Program, Flippers, Cash Buyers, Cash-for-Keys, Foreclosure, Walt Molony, Cash for Keys, Mary Jane McGraw, Oak Park, Ralph Norton, Short Sales, Business News

Mary Jane McGraw knew her foreclosure ordeal was over when a man showed up on her doorstep and told her that her home in Oak Park, Calif., had been so...

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U.S. Home Prices Hit New Lows

Anna Cuevas | Posted 05.25.2011

Read More: Wells Fargo Foreclosures, theloanmodguru.com, Anna-Cuevas, Askaloanmodguru, Hamp, Les Brown, Anna Cuevas, Denied for HAMP, Chase Loan Modifications, Short Sales, Business News

There is a white elephant in the room that no one seems to be talking about. The push for short sales on the part of the lender and in some cases the government is at epic proportions.

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Short Sales Resisted Foreclosures Are Revived

The New York Times | Michael Powell | Posted 05.25.2011

Read More: Business News, Bank of America, Mortgage Crisis, Foreclosures, Foreclosure Crisis, Sousing Market, Gmac, Retirement, Short Sales, Business News

Bank of America and GMAC are firing up their formidable foreclosure machines again today, after a brief pause. But hard-pressed homeowners like Ly...

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Short Sales Sweep The Nation: Troubled Homeowners Walk Away With Less

Washington Post | Posted 05.25.2011

Read More: Foreclosure Crisis, Foreclosure, Economy, Housing Crisis, Short Sales, Home Sales, Business News

A new wave of distressed home sales is rippling, more quietly this time, through American cities and suburbs. Its unsettling effects are playing out...

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Spain Is Not Close to Bankruptcy: Amalgamation Should Not Mean Contagion

Georges Ugeux | Posted 05.25.2011

Read More: Credit Rating Agencies, IMF Financing, AAA Rating, Euro, Subprime Market, Fixed Income, Madrid, Greece, Germany, Bilbao Vizcaya, Budget Deficit, Gdp, Spain, Jose Luis Rodriguez Zapatero, Short Sales, Santander, Business News

I happened to be in Madrid last week on the day Spain was downgraded. It was portrayed by the media as a catastrophic situation. Now is not the time for over dramatization.

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The Morality of a Short Sale

Tracy Shaffer | Posted 05.25.2011

Read More: Short Sale, Morality, Foreclosure, Real Estate, Denver, Housing Crisis, Short Sales, Mortgage Crisis, Adjustable-Rate Mortgages, Denver News

Is walking away from a home when you're upside-down immoral or simply a financial deal that didn't work out?

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Short Sales: Treasury Department Follows Lead Of HuffPost Readers

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Short Sales, Business News

Last Friday the Huffington Post invited readers to share stories of short sale woe. In a short sale, a distressed homeowner avoids foreclosure by sel...

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Pity the Poor House Seller

Lita Smith-Mines | Posted 05.25.2011

Read More: Mortgages, Housing Prices, Housing Market, Home Buyer, Housing Crisis, Short Sales, Home Foreclosure, Business News

If you thought the recent real estate market was unattractive, you'd better look away. Pressed to their walls by their inability to pay their mortgages, scores of home sellers are listing their houses as "short sales."

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Foreclosures Weighing On Home Appraisals

AP | ALEX VEIGA | Posted 05.25.2011

Read More: Foreclosures, National Association of Realtors, San Diego, Real Estate Prices, Home Prices, Real Estate Agents, Home Sales, Home Values, Home Appraisals, Las Vegas, Short Sales, Business News

LOS ANGELES — It wasn't the first time that Katherine Scheri ruined a real estate agent's day with a low property appraisal. Scheri, a real est...

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Nightmare On Elm and Maple Streets

Lita Smith-Mines | Posted 05.25.2011

Read More: Attorneys, Stress, Tax Credits, First-Time-Buyer, Homeowners, Real Estate, Housing Crisis, Short Sales, Home Foreclosures, Business News

Since Labor Day passed, I have felt less like a real estate lawyer and more like a character actor in an awful horror movie.

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Financial Reforms: Is Europe Hypocritical?

Georges Ugeux | Posted 05.25.2011

Read More: Financial Regulatory Institutions, London, G20 Summit, Regulatory System, European Parliament, G20 Communiqués, Hedge Funds, Ratings Agencies, Stimulus Package, President Sarkozy, Prime Minister Gordon Brown, Wall Street, Tax Havens, Short Sales, " Council of Ministers, European Central Bank, Stress Tests, TARP Money, European Union, United States, Credit Cards, Oecd, France, Transparency, European Summit, German Chancellor Angela Merkel, Regulations on Compensation, Regulatory Reform, Sec, ?Locusts?, President George W. Bush, Business News

European bank losses were as high as the U.S. They used the same compensation system, and their fragmented and ineffective regulatory system shares responsibility for the crisis.

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Short Sales: Treasury Announces New Programs For Distressed Homeowners

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Treasury Department, Making Home Affordable, Short Sales, Business News

The Treasury Department on Thursday announced two new programs to help distressed homeowners avoid foreclosure. One program will provide incentives fo...

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Short Sales: How Everybody Loses From Banks' Opposition

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Foreclosure, Short Sales, Business News

An empty house near Art David's home is stinking up the neighborhood. The Naples, Fla. house has sat on the market since August 2007, and it's in lou...

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Short Sales: Banks Blocking Way Out Of Foreclosure Crisis

HuffingtonPost.com | Arthur Delaney and Ryan Grim | Posted 05.25.2011

Read More: Subprime Mortgages, Short Sales, Short Sale, Short Sale in Real Estate, Foreclosures, Foreclosure, Short Sale Real Estate, Business News

Brett Ellis, a real estate agent in Fort Myers, Fla., was thrilled when he got an offer for a property in Bell Tower Park in May 2008. "It was a gorg...

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Uptick Rule: SEC Considers Reinstatement

AP | MARCY GORDON | Posted 05.25.2011

Read More: Short Selling Sec, Sec Short Sales, Uptick, Sec Short Selling Rules, Limiting Short Sales, Uptick Rule, Short Selling, Short Sales, Business News

WASHINGTON — Federal regulators opened a public debate Wednesday over ways to restrict trades that bet against a stock, as investors and lawmake...

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