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RealtyTrac, a home buyers and sellers help website, found that a total of "3.2 million foreclosure filings, default notices, auction sale notices and bank repossessions were reported on 2.3 million American properties during 2008.” This doesn't include the hundreds of thousands that are currently late on loan modifications and are expected to end in foreclosure notice next year. Banks and mortgage lenders are not making it any easier by refusing to deal with distressed homeowners.
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Learn what A Short Sale is?
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Learn what help is available for distressed property owners.
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Learn what a Listing Agent does?
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Who pays for what? What are closing cost?
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