Short sales appear on your credit report as “pre-foreclosure in redemption”, sometimes it will show “settlement paid infull”, not as “debt discharged due to foreclosure”

It looks like Short Sale will be around for awhile here in Sacramento. The following is an article that was published in Wall Street. The good news is that California was in 5th place instead of 1st.

More than 23 percent of people with mortgages owe more on their properties than they are worth, according to a report released Tuesday by research firm First American CoreLogic.

Starring: John Cusack, Woody Harrelson, Amanda Peet, Danny Glover, Chiwetel Ejiofor, Oliver Platt, Thandie Newton, George Segal, Tom McCarthy Never before has a date in history been so significant to so many cultures, so many religions, scientists, and governments. 2012 is an epic adventure about a global cataclysm that brings an end to the world [...]

Are you confused about whether a short sale or foreclosure is better? If so, you’re not alone. As people across the country find themselves unable to keep up with their mortgage payments, many are looking into short sale options. Bank foreclosures and the housing market is the topic on the mind of most now. People [...]