Housing Assist

Across the country, there are now more foreclosures and short sales than anytime in recent memory. People are finding themselves stuck with payments they can no longer afford. In fact, often the amount they owe exceeds the resale value of the home. In this “upside down” situation, if an owner sells their home, they will end up owing the bank. Foreclosure is one option for homeowners who want to shed a bad mortgage. However, there is also the possibility of a short sale which is less damaging to one’s credit than a foreclosure. Short sales are complicated because they require the bank to accept a certain loss but, there are plenty of experts who can guide a homeowner through this process.

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From Biz Mommy, post Housing Assist

Tisha Berg is a wife, mom, blogger and freelance copywriter, among many other things. This blog is a personal journal of her journey as she balances family, work and school life. To keep in touch with Tisha, Follow Biz Mommy on Twitter, "Like" Biz Mommy on Facebook and/or get notified of new posts by subscribing.