Charlottesville Bob's Blog

   As a home owner thinking of going short you must keep in mind: Hardship – No HardshipMany panicked homeowners seeking a short‐sale solution may be unclear onwhat constitutes a valid hardship—and event or events that change ahomeowner’s ability to keep current in mortgage payments. Loss of equi...

As a home owner thinking of going short. Hardship – No HardshipMany panicked homeowners seeking a short‐sale solution may be unclear onwhat constitutes a valid hardship—and event or events that change ahomeowner’s ability to keep current in mortgage payments. Loss of equity, forexample, is not co...

Lately I've been receiving more calls about distressed properties than anything else. Distressed properties are those that are foreclosures or those nearing the foreclosure process, and trying to sell short. Selling short means they are trying to sell the home for less than what is owed. Short sa...