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tulsa real estate short sale: Benefits of a Short Sale - 05/31/10 01:37 PM
Benefits of a Short Sale 
If you own a home and are falling behind in your payments, you may want to consider a short sale.  A short sale is when a property is sold for less than what is owed on the mortgage and the lender accepts the lower amount as satisfaction of the mortgage.
Benefits to the seller include:
•1.        A short sale may not impact their credit score as much as a foreclosure.
•2.       Seller can continue to live in the home during the process
•3.       Morally, sellers are not walking away from a debt but attempting to pay off … (0 comments)

 

Susie Genet

Tulsa, OK

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Chinowth & Cohen Realtors

Address: 3912 E 91st Street, Tulsa, OK, 74137

Office Phone: (918) 392-0900

Cell Phone: (918) 809-8296

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