Ok people, this has gone too far! I can understand if helpless Americans lose their homes, but seriously our favorite rapper Lil Wayne! This recession must end, we must draw the line somewhere, and I for one believe it should be drawn at our rappers having to sell their mansions! 😉 It seems that his […]
Tag: short sale
Short Sale and Transformation of Real Estate Market:
Emerged in the last 20 years of the 20th century, short sales provided a viable solution to the 1989 Savings and Loans crisis. Similar to foreclosure crisis of 2008, the 1989 Savings and Loans crisis resulted in wide spread foreclosures and economic slowdown. In reaction, the federal government enacted new real estate regulations which opened […]
Short Sale
Home Affordable Foreclosure Alternatives Act (HAFA) will hopefully change the dire process of short sales.