The American Dream didn't come with a warning label. Many homeowners discovered that mortgage insurance protected the lender, not them, and that short sales and foreclosures could have financial consequences long after they left the home.
The American Dream didn't come with a warning label. Many homeowners discovered that mortgage insurance protected the lender, not them, and that short sales and foreclosures could have financial consequences long after they left the home.
When housing stopped being local Part 16 of the Real Estate Transparency Series To start at the beginning of my Transparency Series, go here. Part 1 During the foreclosure crisis, I learned something that changed the way I look at real estate. I learned what happens when the people making decisions about a home have never actually seen it. At first, that...
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