August 11, 2025

Considering a Connecticut short sale but want to know the pros and cons?When you owe more than your Connecticut home is worth, but you need to sell anyway, a short sale is a possible solution. A short sale  is the process by which a home is sold for less than is owed on the mortgage

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July 9, 2025

FHA Covid era mortgage workouts are finally ending!Over the past 5 years, FHA has been very busy offering workouts to non-paying homeowners, in order to keep them from facing foreclosure. After offering these up like candy for the last 5 years, even to homeowners that never asked for help, the free ride is finally over.

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June 23, 2025

Connecticut short sales with a reverse mortgage (HECM)A reverse mortgage is a special home loan for homeowners aged 62 and older that lets them turn the home’s equity into cash without monthly payments. The borrower can receive the money as a lump sum, regular monthly income, or in flexible amounts as needed.  The homeowner remains responsible

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April 14, 2025

I want to just walk away from my upside down house. Can I just send the keys to the lender  and let them have it? Unfortunately it’s just not that easy. Despite popular belief that you can just slip your keys in an envelope, mail them to your lender and then walk away from your

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April 14, 2025

Can I walk away from my upside down CT home and just let the bank take it back?I frequently hear this question from homeowners – mostly from folks who feel they have no other options, or are simply exhausted from unsuccessful attempts at working things out with the lender. These folks mistakenly believe that simply

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