Are Short Sales A Better Option Than Foreclosures? ~ Cypress, Ca
As a homeowner, you may wonder if a short sale is the better option than going into foreclosure and the answer is absolutely yes. Please don't be mistaken. If you as the homeowner is in a situation where you can reinstate your mortgage or do a refinance, then by all means please do, but if that's not an option, a short sale can make your life easier.
To be frank, any option is better than to foreclose on your home. Using a short sale to escape foreclosure can save you the unwanted stress, time, and energy. Nowadays, lenders are being more lenient on approving a short sale to help a homeowner prevent going into foreclosure.