Early Payment Default Question
What is generally considered an early payment default with FHA loans? Is it true the FHA considers a missed payment in the first 24 months an early default? Also is it true banks arrive at your house demanding
Short sale vs REO
There's a property that is going to be foreclosed that I really want, we submitted an offer to the realtor. The realtor said the bank wouldn't approve the sale with a contingency, but yet there
Is it ever ethical to advise walking away?
I live in a non recourse. Since I have an fiduciary responsibility to my clients, how can I advise them to do a short sale when it's so much more punitive to them than walking away?