Foreclosure and Short-Sale

In the recent times, the concept of FORECLOSURE has become immensely popular. In spite of the gaining popularity, there are many people who do not know about the reasons and circumstances that show the way to FORECLOSURES and the people do not even know how to avoid FORECLOSURES. This is a book which will help one in understanding the different minute details involved in FORECLOSURES and how one can avoid the same through a SHORT SALE. Here you will learn what a SHORT SALE is, and also why are now a common tool used by lenders to get rid of proprieties with bad debt loans on them, besides being your best option to avoid ruining your credit for years avoiding a FORECLOSURE and thus being able to buy another house. This type of purchase takes advantage of an old adage that a penny saved is a penny earned.