Should one feel guilty about walking away from a mortgage?

Most wrestle with their conscious or sense of morality when choosing to default on a mortgage that they can afford to pay. For the most part, the thought process is that the loan contract that was signed is a responsibility and an agreement that must be fulfilled. However, as the days and months pass, a […]

Difference between a Foreclosure & Short Sale

What’s the difference between a Foreclosure and a Short Sale? A Foreclosure is when a homeowner stops making payments (for whatever reason) and the bank takes back the house. A Short Sale is when a homeowner works with the bank to sell the house for less than what is owed on it. If you would […]

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