Short Sale: When You Can't Qualify for Mortgage Relief Through HASP

The Hook has an article by Lindsey Barnes about a recent foreclosure-short sale seminar sponsored by a local lender and a RE company. A "short sale" is the term used to describe what happens when a lender agrees to let a house be sold for less than what a mortgage holder owes, in order to settle the debt. This is done in lieu of foreclosure. For the debtor, short sales have the advantage of