This is a rather lengthy article about the process of buying and selling notes that is worth reading if your loan amount is higher than the current value of your home. An investor who purchases notes at a discount and is willing to re-draft them to current market value can be a lifeline for many homeowners today. Depending on your situation you may prefer to stay in your home with a reduced principle on your loan, lower payments, and the bright prospect of once again building equity. If you choose to sell, it no longer is a "short sale", your loan is marked PAID IN FULL and you can move on with no further damage to your credit. Stay or go...it's your choice. Please share this article with your friends. You never know who you might be helping! They can contact me for details.
http://www.californiashortsalelawyer.com/2012/02/can-note-buyers-help-short-sales/
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