REAL ESTATE BROKERS AND SALES AGENTS. The foreclosure of the properties from defaulted mortgages from clients that are unhappy and unwilling to follow legal proceedings. This problem connects to the theme of the story The Devil and Tom Walker because if you get a loan to buy a house then it shows competance to pay the loan back without valunable to foreclosure for your family so not as when Tom did not make solid ethical choices for himself and his wife when he refused to comply with her to pursue rich of their life and let her go to the swamp by herself as in the story "The next evening she set off again for the swamp, with her apron heavily laden. Tom waited and waited for her, but in vain; midnight came, …show more content…
This problem also connects the …show more content…
The homeowner typically makes their current mortgage payment in addition to a portion of the back payments they owe. Dave Z. (2018) Foreclosure solutions Retrieved June 21, 2018, from http://www.shortsellaz.com/foreclosure-solutions/ Forbearance or Repayment Plan allows the homeowner to make back payments over time. It requires that a homeowner be in a financial position to pay not only their current mortgage, but also a portion of the back payments owed. Some mortgage companies will require a homeowner to 'qualify' for forbearance. Short Sale If a homeowner owes more on their property than it is currently worth, then they can hire a qualified real estate agent to market and sell their property through the negotiation of a short sale with their lender. This typically requires the property to be on the market and the homeowner must have a financial hardship to qualify. Hardship can be simply defined as a material change in the financial stability of the homeowner between the date of the home purchase and the date of the short sale negotiation. Acceptable hardships include but are not limited to: mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation, and more. Dave Z. (2018) Foreclosure solutions Retrieved June 21, 2018, from