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Loan Modification

: The Truth About Mortgage.com

67 Percent of Californians Sold Homes Because They Couldn?t Pay the Mortgage

By scot184

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A staggering 67 percent of Californians who sold their homes in 2009 did so because they couldn’t meet their mortgage obligations, according to the California Association of Realtors’ 2009-2010 Survey of California Home Sellers. ?Tighter underwriting standards and a decline in equity continued to impact the market in 2009,? said C.A.R. President Steve Goddard, in a [...]

Full post as published by The Truth About Mortgage.com on February 25, 2010 (boomark / email).

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