Let’s face it: The housing market is tough right now. Home prices are high, interest rates are up, and many people are finding it harder than ever to afford the house of their dreams. It's no wonder ...

The practice causes severe havoc on credit, results in erroneous coding of a foreclosure for a short sale and delays consumer rebound for new credit and re-entry into the housing market. And, it can ...

When a homeowner has gotten behind on their mortgage payments, they might do a short sale to avoid foreclosing on their home.