Posts tagged "FHA"

What Is The Best Way To Default On Your Mortgage? - Part II

I asked Doug Katz, a sales manager at Chicago Bancorp, to write a follow up article on the differing impacts of the various ways of walking away from your home and mortgage. The first article dealt with the impact of mortgage default on your credit score. In our present economy, the terms foreclosure, short sale,... Read more »

Is Your Association Preventing You From Selling Your Condo?

Some time ago I wrote about how your listing agent might be ignoring 36% of the market by not helping your condominium association pursue FHA approval. Since then I have discovered that the bigger obstacle is actually condominium associations that are reluctant to pursue FHA approval. Here are the reasons that are often cited: Cost.... Read more »