seller: Loan Modification Denied? What Next? - 10/01/09 08:22 AM
We've been talking with a lot of home owners lately who have tried to do a loan modification.  Some were denied and out of frustration have decided to let their house go to foreclosure.  Many people make emotional decisions without seriously considering their long term effects. 
In the situation where a homeowner has been denied and they let it go to foreclsoure, can they or should they consider, other options? Yes!  Before letting the house go to foreclosure consider what's the impact on my credit?  Can a "Short Sale" help me?
A foreclosure will remain on your credit report for seven to … (4 comments)