May 18, 2026
Seller relocation assistance in short salesAs a condition of any short sale approval, the lender will usually require the seller have no proceeds from the sale. However, many lenders/investors offer relocation assistance incentives to qualifying homeowners in a short sale. These usually apply when the sellers are owner occupants (not investors), and if there are
May 18, 2026
Short sales are a possible solution for when you owe more on your mortgage than your Connecticut home is worth and need to sell anyway. Get the scoop on the CT short sale process!All short sales vary a little bit by lender, investor and the seller’s situation, but the CT short sale process generally follows the
May 9, 2026
FHA and VA mortgage defaults soar in 2026!Endless FHA and VA loan workout program offerings during and post Covid kept the foreclosures at bay for the last 6 years, but eventually the bills come due! As Covid era mortgage rescue programs have finally sunset and policy changes have come into effect, common sense has returned
February 16, 2026
January 13, 2026
What is a deficiency judgment? Connecticut is a recourse state. This means the lender that suffers a shortage in a foreclosure has the right to pursue a deficiency judgment from the borrower. They can and sometimes do sue the homeowner for the losses they have suffered and will move to collect these funds. You will
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