tax advisor: Deed-In Lieu vs Short Sale
- 10/09/10 01:29 PM
Deed-In Lieu vs Short Sale By: Elaine VonCannon ABR, SRES, REALTOR, Notary, Team Leader, Residential and Commercial Property Manager, Managing Partner VonCannon-Starke Commercial Division, Member of the National Association of Residential Property Managers, Award Winning Agent, RE/MAX Hall of Fame, Licensed in Virginia, Member of Commercial Council VAR Deed in lieu of foreclosure and "short sale" are alternatives to foreclosure. Because foreclosure is so devastating to a credit score, almost anything is better than foreclosure, and both of these alternatives result a much lighter impact on a credit score.A deed in lieu of foreclosure and a short sale are very similar … (2 comments)
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Deed-In Lieu vs Short Sale
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