Angela Mae is a contributor to Buy Side and an expert on consumer loans, debt management, investing and retirement planning. A short sale involves selling the property for less than you owe on the ...

When a homeowner has gotten behind on their mortgage payments, they might do a short sale to avoid foreclosing on their home. In a short sale, the homeowner’s lender agrees to sell the house for a ...

With millions of Americans possibly facing foreclosure, the demand for help is outstripping supply. The latest Treasury report on the government's Making Home Affordable modification program notes, ...