June 30th, 2009 by roostblog in Foreclosure, Real Estate
The basic Wikipedia definition of a Short Sale is as follows:
A short sale is a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold.
In a short sale, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank’s loss mitigation or [...]
December 9th, 2008 by roostblog in Foreclosure
We’re pleased to announce a partnership with First American Corelogic today that brings the most complete set of foreclosed home listings to Roost.com. Now, in addition to Homes for Sale in the MLS, Homes for Sale by owner and New Construction property listings Roost can offer consumers access to over 1.5M properties in the foreclosure [...]
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