With so many people struggling to pay their mortgages it’s important to know your options. There is a lot of dialogue swirling around the buzz words “foreclosure” and “short sale”, but what do they mean at the most basic level, what are the repercussions to you as a mortgage holder. Please understand that I am not an expert in these things, for expert opinion you would have to talk with your financial representative or an attorney, but for now here is a bit of information about these two options if you can no longer afford the home you … read full article