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Advantages of a Short Sale

By
Real Estate Broker/Owner with PaffordHomes.com, Corona CA

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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Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Good advice for those may be able to forgo foreclosure.  It looks like things are slowly recovering.

Nov 30, 2010 03:34 PM