Gillian Goldrich's Blog

Q. What is a Short Sale? A. A short sale occurs when a property is sold for less than what is owed to a lender and the seller is unable to pay the lender the difference between what is owed and the sales price. Q. Can anyone do a short-sale? A. No you can only do a short-sale if you can prove har...

So many first time homeowners are discourgaged by the news reports stating that the mortgage money is not so readily available.  While 100% mortgages have certainly gone by the wayside unless your credit score is up over 720, there are still some great mortgages out there.  Rates for FHA loans ar...