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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.

 

Russell Arkin

Russell Arkin, CDPE

703-734-7045

 

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