www.YourJupiterProperty.com - (561) 514-7300 - TheHollandGroup@aol.com
Call Kareem Today to schedule your confidential appointment.
(561) 603-8602
Discover a Better Route
Foreclosure is not the only Option!
As a Certified Distressed Property Expert and Realtor,
I can give you the expertise necessary to save your credit, relieve the uncertainty and most of all, help your family.
FORECLOSURE
- A homeowner who loses a home to foreclosure is ineligible for a Fannie Mae backed mortgage for a period of 5 years.
- After a foreclosure, a credit score can be lowered as much as 300 points or more, and will typically affect a credit score for over 3 years.
- Foreclosure will remain as a public record permanently, and on a person's credit history for 10 years or more.
- Employers have the right and are actively checking the credit of all employees who are in sensitive positions. In many cases, a foreclosure is reason for immediate reassignment or termination.
- In 100% of foreclosures in Florida the bank has the right to pursue a deficiency judgment.
SHORT SALES
- A homeowner who successfully negotiates and closes a short sale will be eligible for a Fannie Mae-backed mortgage after 2 years
- Often times a Short Sale will not affect your credit history as negatively as a Foreclosure.
- In a Short Sale, the loan is typically reported as debt paid in full.
- Typically, a Short Sale will not present a challenge to employment.
- In a properly managed Short Sale, the home will likely be sold close to market value resulting in a much lower chance for a deficiency judgment.
Call Kareem Today to schedule your confidential appointment.
(561) 603-8602
YOU HAVE OPTIONS!
www.YourJupiterProperty.com - (561) 514-7300 - TheHollandGroup@aol.com
This information is provided by The Distressed Property Institute, LLC
www,CDPE.com
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