Yes, verifiably, according to researchers in a recent working paper, "Forced Sales and House Prices". An MIT economist and two Harvard researchers analyzed 1.8 million home sales in Massachusetts (1987 to 2009), finding that "foreclosure reduces the value of a house by 27 percent, on average." Co...

08/04/2010

Hidden Costs of Bankruptcy

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Considering filing for bankruptcy? There may be alternatives you've never considered ... If you are having trouble paying your mortgage and are possibly considering bankruptcy, there may be better solutions for your particular circumstances. With more than one in seven mortgages currently not be...

08/03/2010

Luxury Short Sales In The Media

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FOR IMMEDIATE RELEASE For more information, please contact: Aaron Rice 443-244-0051 410-342-4444 aaron@baltimorehometeam.com www.LuxuryDistressedPropertyExpert.com Here's an excerpt from a recent article on short sales in The New York Times: W...

08/02/2010