Category Archives: Foreclosures and Short Sales

What are my options for selling my home if I owe more than it’s worth – a short tale about a long sale

Today, there exist nupuppies for blog postmerous choices for home owners in need of financial change relating to their mortgage or home. The options available are determined by your desire to keep your home or not. If you wish to keep your home, are current on your mortgage but upside down (on the mortgage that is) you have an opportunity to refinance with a lower rate through the federal government’s Home Affordable Mortgage Program, which could lower your monthly payments markedly. On the other hand, if you’re struggling with keeping up payments and lowering those payments will not solve the problem then you might want to consider a short sale.  Continue reading