Browsing the archives for the hardship tag

Yes, It’s True: Short Sales Need to be Hardships!

I always find it amusing when someone thinks they are entitled to a short sale simply because their home is underwater. We have said it over and over again; but this little Q&A blurb from MarketWatch (paraphrased below) explains it very well: WASHINGTON (MarketWatch) — Question: In your June 4 column, you mentioned that a [...]

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Analysis on the Short Sale “Wrinkle” (2nd Lenders, PMI, and Strategic Defaults, Oh My!)

An interesting article this morning from the Inman News discussing short sales and the reasons why approval can be difficult to achieve. Are you wondering why it takes so long to get short sales approved? The real reasons may be very different from what you might believe. It would seem when prices are down and [...]

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