Foreclosure Vs. Short Sale
As a Certified Distressed Property Expert, I have
devoted my career to helping homeowners who face difficult situations, taking them from uncertainty to resolution.
Lately I've found a lot of conflicting information going around, especially concerning short sales, which you
should know about.
A short sale occurs when a lender accepts the selling price of a home, even if it is less than the full
amount owed on the mortgage. For many homeowners, this can be the best option to foreclosure. Yet, I still hear
people suggest that short sales are basically the same as foreclosure.
This is absolutely incorrect. There are many differences between a short sale and a
foreclosure. Most importantly, a short sale will not affect your credit rating as severely as a foreclosure. That
alone means that you'll have a much easier time getting a home loan in the future.
I’ve prepared a free report that compares the realities of foreclosures and short sales
side-by-side.
Simply provide your information below, and I'll send you this report right away.
Thanks,
Russell Arkin, CDPE
Realtor/Former Practicing Attorney
RE/MAX Distinctive
Russell@RussellArkin.com
703-734-7045
P.S.-- If you have any additional questions about the pros and cons of short sales,
or if your circumstances are urgent, please feel free to give me a call at 703-734-7045. I
can help you evaluate your options and get you back on track to a secure financial future.
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