Sentences with phrase «principal in a foreclosure sale»

This Cash FIREhose is a more risky investment, because if the real estate market turns south, these investors may be unable to pay these loans, and property values could fall to a point where it is not possible to recover all of the principal in a foreclosure sale.

Not exact matches

Here's an exception: Filers who had a loan modification, foreclosure or short sale last year can exclude the amount of debt forgiven on their principal residence from gross income in 2017.