A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but you ...

Rising interest rates and high inflation have some homeowners seeking a short sale to solve financial problems. A short sale occurs when a property sells for less than what homeowners owe the mortgage ...

If you owe more on your home than it's worth, you may be hearing a lot about short sales. That's when you sell your property for the current market value, even though that's less than your mortgage.

Let’s face it: The housing market is tough right now. Home prices are high, interest rates are up, and many people are finding it harder than ever to afford the house of their dreams. It’s no wonder ...

For many who are faced with a pile of bills that continues to stack up as jobs are cut and gas prices increase, foreclosure or even bankruptcy look like viable options. But there is a third option, ...

Lenders have made some improvement in the eyes of California real estate agents in their handling of short sales, but the process remains problematic according to the California Association of ...

The short-sale process is expected to get shorter starting June 15. New guidelines issued under the Federal Housing Finance Agency will require Fannie Mae and Freddie Mac to give homebuyers of short ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

You may have heard of a short sale, and you may have a friend or neighbor who has sold or bought a short sale home. The following will answer important questions, including what is a short sale, and ...