Denise and Jeffery Finch talked to a security consultant in their home in Charlotte, N.C., after their short sale in Boston.
(DAVIS TURNER/GETTY IMAGES)
Short sales of homes on rise
Owners, lenders agree on recourse
Denise and Jeffery Finch talked to a security consultant in their home in Charlotte, N.C., after their short sale in Boston.
(DAVIS TURNER/GETTY IMAGES)
Jeffrey Finch spelled out the problem in a hand-written letter: He'd lost his job as a minister, and his wife's take-home pay as a teacher, $3,100 a month, did not cover their $3,300 mortgage payments. (Full article: 1055 words)
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