Should I Continue Paying My Credit Cards During a Ashburn Short Sale?

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Real Estate Agent with RealEstate.com Realtors

Ashburn Short Sales: Should I Continue Paying My Credit Cards During a Ashburn Short Sale?

Ashburn VA - The Stop Foreclosure Institute recently received a question from Paul. Here is Paul's Question.

"I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?" Paul.

http://stopforeclosureashburn.info/short-sale.html Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Here is our answer. I all depends on what is important to you. Can you afford your mortgage payment if you stopped paying the credit cards?

If the answer is yes and you don't want to move, then I would recommend that you stop paying the credit cards. Obviously that will hurt your credit.

But, if you want to keep your home, then you will probably think it is worth it. Then again, I have seen people who would rather have the good credit.

However, if you do want to move, then it would be better to keep paying the cards and short selling the house.

Missed mortgage payments won't have to much of an impact on your credit score 12-18 months down the road, especially if you short sale.

However, a credit card that you never pay on again will stay on your credit for a longer time. The debt will show up as written off and that impacts your credit for a longer time than missed payments.

Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at kmaz32@hotmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 571-420-7838

Thinking about a loan modification? Our Ashburn loan modification kit has the instructions you will need to get a loan modification approved with your bank. Email me for a kit.

Thanks for reading this, Kyle Mazaris.

Kyle is a Real Estate Agent at RealEstate.com Realtors. Ashburn Short Sales Realtor:

Phone: 571-420-7838
Email: kmaz32@hotmail.com

Kyle Mazaris specializes in loan modification assistance and short sales in Ashburn Virginia. Ashburn Loan Modification Help, Ashburn Short Sales. Ashburn Short Sale Realtor. McLean VA Loan Modification Help, McLean VA Short Sales. McLean VA Short Sale Realtor. Sterling VA Loan Modification Help, Sterling VA Short Sales. Sterling VA Short Sale Realtor. Great Falls VA Loan Modification Help, Great Falls VA Short Sales. Great Falls VA Short Sale Realtor. Reston VA Loan Modification Help, Reston VA Short Sales. Reston VA Short Sale Realtor. Ashburn VA Short Sales. Ashburn Realtor.

                                                    Important Notice

Kyle Mazaris, RealEstate.com Realtors, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. The views expressed here are Kyle Mazaris's personal views and do not reflect the views of RealEstate.com Realtors.

This information on Should I Continue Paying My Credit Cards During a Ashburn Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

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