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February 2012 - Posts

Lenders are Paying Buyers to do Short Sales rather than Foreclose

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Housing Crisis to End in 2012 as Banks Loosen Credit Standards

01/24/2012 By: Krista Franks Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan

What Happens When You Walk Away From Your Home?

It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise of the housing bust. Wanting to downsize their lives as they headed toward retirement, they bought a new house in Mesa,