What Is Power of Attorney?

When you hear the words ‘power of attorney,’ you might assume they hold significant weight from a legal standpoint. And you’d be right. The two most basic types of types of power of attorney are general power of attorney and limited power of...
Understanding the Basics of Short Sales

Understanding the Basics of Short Sales

If you’re thinking about purchasing a short sale property you probably have a few questions, such as whether the title is free and clear or if liens could present a problem. These are very important questions that you want to have fully answered before making a...

What Is A Short Sale?

When a lender releases an existing mortgage for a payoff that is less or ‘short’ of the total amount due, the transaction is called a ‘short sale.’ Lenders sometimes accept short sales as an alternative to repossession and foreclosure, which...
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