ARCHIVED BLOG POSTS
2013
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Want To Avoid A Foreclosure? Just A Few Steps To Save Your Home Usually, homeowners have intentions of paying their mortgages on time; in fact, very few want to default on their mortgages. Although homeowners have this intention of succeeding there are always some downfalls such as loss of job,...
09/04/2013
Your Credit Score Can Be Affected By Short Sale. Can a Short Sale affect my credit score less than a foreclosure? Managing all daily expenses of a running home is not always easy. Not being able to afford your monthly mortgage payment may happen. If this would happen do not wait until the court...
09/04/2013
Can Deficiency Judgment Be Avoided In Short Sale? The Deficiency Can Be Negotiated By Your Short Sale Realtor When negotiating with a Lender your Short Sale Agent should ask the Lender to waive its right to seek a Deficiency Judgment. If your Lender agrees, the arrangement must be included in t...
09/04/2013
1. Minimize The Damage To Your Credit A Short Sale will affect your credit but not as detrimental as a Foreclosure will. A Foreclosure comes with a Final Judgment which remains on your credit report for 7 years. A Short Sale usually is reported as a “settled” account on your credit report. By mai...
09/04/2013