Property owners in the US have not seen many meaningful solutions to their mortgage problems these past three years. Recently, however, a few investment companies have discovered a way to work within the system in a manner that benefits all concerned parties.
The cooperative short sale will not solve all problems, but it is a welcome new option for homeowners with upside-down properties and, therefore, an important step towards resolving the nation's foreclosure crisis.
Read the full article at JD Supra
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