Home Resource Council

Deficiency Judgements and the High Income Homeowner / Investor

If you are unemployed, under employed, poor, broke, almost broke or without the financial resources to pay a deficiency judgement, short sales are not that difficult to do. However if you are employed, have a security clearance, are considered a  high income earner or have significant assets, the credit risks and possibility of a deficiency judgement most likely are keeping you locked in to your current situation.  It is almost enough to make you envy the poor!  What happens if you find that you need to move?  You know, a job change,  family changes, divorce, illness or any of the thousands of bad things that can happen to good people. Over the past year my team and I have encountered...

Tags: delinquency judgements, deliquent mortages, Finance, foreclosure, housing crisis, real estate, short sale