Short Sale vs. Foreclosure

If you find yourself in a financial situation where you aren’t able to make your monthly mortgage payments, you may be wondering what the difference between a short sale and foreclosure is. Credit-wise, short sales and foreclosures are equally bad for your credit; they are both considered to be a debt that has not been…

Can I Buy a Home if I Have Bad Credit?

If you’re young and haven’t built up credit, or have had a few lapses in your credit history, you may be wondering if you can still buy a home. The short answer is, “Yes, it is possible to buy a home with bad credit”, says Realtor.com writer Cina Coren. I’ts optimal to have a long,…