Short sales and foreclosures are two financial hardship solutions available to homeowners facing financial hardship. A short sale allows selling for less than the mortgage to avoid foreclosure.

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Purchasing a home through a foreclosure auction presents a unique opportunity to secure property ...

A deed in lieu of foreclosure allows a borrower to transfer their property title back to the lender, avoiding foreclosure and ...

An important — if often misunderstood — component of a healthy housing market is a well-functioning foreclosure marketplace that efficiently and responsibly recycles distressed properties back into ...