So what are the Advantages of a Short Sale?
First, you avoid foreclosure and the guilt and stigma that goes along for the ride. While a Short Sale is never described as a walk in the park, it certainly is the "lessor of two evils".
Your credit will take a hit with a Short Sale, just not as much as a foreclosure. Under Fannie Mae, you may be able to purchase another home within two years, instead of five to seven with a foreclosure. If you have kept up on your payments, you may be able to purchase right away.
If you think you might need to do a short sale on your home, stay current on your payments if possible, and give us a call. We can walk you through step by step in the short sale process. Knowledge and experience you can trust. We work for you!
PaffordHomes.com (951) 317-5571
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