selling home: Short Sale or Foreclosure in Wenatchee?
- 09/13/11 01:35 PM
I took a Credit Reporting and Credit Scoring class today and wanted to pass along the information I received. It was brought up by Lenders and Real Estate Agents alike that home owners in financial distress were unaware of the consequences of choosing to short sale or go to foreclosure on their homes. Knowing the difference between a short sale and foreclosure could affect their ability to purchase a home in the near future. Knowledge is power!!! First of all let’s discuss the difference between a short sale or foreclosure. A short sale is a transaction where the owner of … (3 comments)
I took a Credit Reporting and Credit Scoring class today and wanted to pass along the information I received. It was brought up by Lenders and Real Estate Agents alike that home owners in financial distress were unaware of the consequences of choosing to short sale or go to foreclosure on their homes. Knowing the difference between a short sale and foreclosure could affect their ability to purchase a home in the near future. Knowledge is power!!! 
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