Predatory lending is an insidious practice. Those that make a short term profit at the expense of another person’s financial health are criminals. Of course, they know little of the damage they cause, but those of us who try and pick up the pieces know that harm all too well. I was called to meet with [...]
Posts Tagged ‘Westchester short sale Realtor’
Short Sales
Posted in Short Sales, Uncategorized, tagged avoiding foreclosure, Dutchess short sale Realtor, Putnam short sale Realtor, Rockland short sale Realtor, Short Sales, Westchester short sale Realtor on January 9, 2009 | Leave a Comment »
A Short sale occurs when a bank accepts a lower price than the mortgage balance, allowing distressed homeowners to sell their home and satisfy the debt with no future obligation or deficiency judgment. J. Philip Real Estate specializes in these transactions, and I personally broker several per month. My first short sale was in the [...]

