Should you opt for a short sale or a foreclosure? As a homeowner faced with a difficult situation, there are pros and cons to each. Generally, a short sale will work more in your favor. As a homebuyer ...

Real estate agents in the Triangle said they are seeing lots of business in short sales, which some families are using as a last effort to save themselves from foreclosure. The Sconzo family used to ...

RealtyTrac, the Irvine California firm that reports on all things foreclosure said on Thursday that, while sales of bank-owned real estate and homes in some stage of foreclosure during the second ...

Rising home prices have been a boon to many homeowners but may not bode as well for those who are facing foreclosure. Black Knight Financial Services' Mortgage Monitor this month takes a look at how ...

These days, the short sale market is a bit like the New York subway at rush hour — everyone’s clamoring to get in. The problem is, achieving success with short sales in today’s environment takes a lot ...

Is there a right way to lose your home? And is there any good reason to pay for "expert" advice on how best to do it? The result of a foreclosure or a short sale is basically the same -- a lost home ...

When homeowners veer toward foreclosure, as increasing numbers of them have been doing for the past three years, one piece of advice they often get is to take action before things go too far, work ...

According to RealtyTrac's new U.S. Foreclosure Sales Report for the second quarter of 2011, sales of homes that were in some stage of foreclosure or bank owned accounted for 31 percent of all U.S.

Short sales and foreclosures are two financial hardship solutions available to homeowners facing financial hardship. A short sale allows selling for less than the mortgage to avoid foreclosure.