Do you live in Woodstock and facing foreclosure or behind on payments? If so, a short sale may be a great alternative. One of the key benefits of selling your Woodstock, GA home by short sale is that you can turnaround and buy another homes as little as 2 years later.If you let you home fall into foreclosure then you could be looking at 7 years before reclaiming home ownership.
The idea of waiting a full 7 years to buy another home can be a harsh reality of having your home go into foreclosure. This fact alone can be a huge drawback for many people. This only reiterates the advantage of trying to sell your home by short sale.
A short sale will also not hurt your credit as badly as a foreclosure will. When successfully completing a short sale, you can typically see a 125-150 credit score drop compared to 175-200 for a foreclosure. After completing the short sale you can be proud to say you sold your home in this tough market instead of letting the bank take it back.
I can’t stress enough how important it is to work with a short sale agent who knows Woodstock and more importantly the short sale process. This can be a huge advantage for those looking to sell their home. Not all agents are created equal when it comes to short sale transactions, so choose wisely.
If you live in or near Woodstock, GA and looking to get some answers to your questions, I would be glad to talk with you. I can be reached directly at 770-688-5448.
Eric Wanck is a short sale investor/real estate agent located in Atlanta, GA. He works with Nextage Peachtree Realty and specializes in helping homeowners and buyers through the short sale process. You can reach him at 770-688-5448 or contact him at http://activerain.com/atlshortsalepro/contact.
Interested in knowing more about Nextage Realty International? Check out www.brokerageofthefuture.com.