Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Short Sale VS Loan Modification
Why a Short Sale is a Better Option Than a Loan Modification

One of the hardest things that you might experience is losing your home that you have worked so hard for. This is actually a problem that many property owners are experiencing nowadays, what with all the financial problems plaguing the country. The possibility of facing foreclosure or even bankruptcy does not only strip you off your ownership of your home; this also damages your credit score and subjects you to embarrassing situations.
While you might think that foreclosure or bankruptcy is the only way out of the financial pinch that you are in, you actually have better alternatives. The most commonly preferred options by most home owners facing foreclosure on their properties are the short sale process and loan modification. These two alternatives have helped a lot of property owners walk away from their financial hardships with their dignities intact.
If you are facing foreclosure on your home, you might be asking yourself whether to go with a short sale or to choose loan modification. While loan modification may be a viable option, a short sale has several benefits and advantages over the former. If you are still ... more

__________________________________________________
Are you on The Rain? Grow Your Network!