By David Randolph A short sale in real estate happens when a homeowner sells their property for less than the amount owed on the mortgage. The lender, or mortgage holder, agrees to accept a reduced payoff amount instead of foreclosing on the property. Short sales often occur when homeowners are struggling financially and can no longer afford their mortgage payments, but they want to avoid the more damaging impact of foreclosure.

By Vena Jones-Cox Long, navel-gazing post/manifesto ahead: Anyone who's started a business will tell you that you HAVE to have a really big "Why"--bigger than 'the money' or the desire to not work for someone else--if you're going to get through all the hard work and disappointments and market cycles and fear. For some people,...

By Vena Jones-Cox I’m very slowly, very painfully, and with a lot of stops and starts, learning something uncomfortable about myself. In my heart, I’m still the workhorse/get ‘er done/no one can outwork me, person I was 30 years ago. I’m the one who’s always ready to jump in, take out the trash, move the...

by Vena Jones-Cox If you got into real estate anytime in the last decade, you’ve spent most of your investing life in a market where prices went up, inventory stayed tight, and competition never really let up. There are some real advantages to that kind of market. Flips, both wholesale and retail, sell fast. Renters...

By Vena Jones-Cox When I was 2 or 3 years old, my mother took me on trips to the library almost every week. While she checked out the latest mystery novels, I always went to the same shelf in the children’s section and pulled down the same worn, tea-colored book called “I Can’t, Said the...