Debbie Rood

Real Estate Bridge Loans Have Vanished

The financial crisis and subsequent fallout from the recent meltdown in the mortgage industry appears to be far reaching beyond what is being reported. In the past, bridge loans were not typically connected in any way to the subprime industry. In fact, they have very little in common; most of the bridge loans made over that last ten years were portfolio loan products offered by commercial banks. But now a bridge... (posted by Debbie 3 years 306 days ago.)

Better Than a Short Sale or Foreclosure

There are several options to aid in "selling" a property during a down market that the majority of sellers do not know exist. The recent rise in troubles for many homeowners is causing an avalanche in foreclosures and short sales. Most people understand the basic concept of a foreclosure but the short sale has recently gained notoriety and is not understood nearly as well. Neither is in the best interest of the... (posted by Debbie 3 years 310 days ago.)