In a struggling market, there is still some hope. I found this article and thought someone would be intersted in it. I wasn’t very familiar with short sell requests but it is a good idea.
Quote:
What's the hottest subject right now in residential real estate investing? No question about it: Picking up houses at great prices through short sales-transactions where lenders agree to take less than they're owed and allow financially-stressed home sellers to avoid foreclosure.
Another interesting article. Hopefully this whole real estate problem can be corrected soon. There are so many families finding themselves wanting when it comes to foreclosures and it is a sad situation.
I agree flippingout hopefully this real estate problem can be fixed soon. There are so many unfortunate families that have been affected by this and so many losing their homes.
I hope something can be done. It has really started to hit people hard around here. Two of my neighbors are already being foreclosed on and this morning the newspaper had a full page of them.