IL – A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure.
Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to do all you can to avoid it.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
When you short sell you house, you will recover quickly from the dings of late mortgage payments, provided you can keep your other accounts current.
In such a case, consider allocating money to meet basic necessities first. You also have to pay other bills to keep as many accounts current as possible.
When deciding which credit bills to pay review the terms of your credit accounts. If you are using a credit card to temporarily pay for necessities, you should be sure not to jeopardize the availability of that account.
By so doing, you will keep the necessary accounts current. I want to help make it possible for your credit to recover quickly. A Short Sale may be just one part of a larger effort to get you through a tough period.
I have helped many others to successfully come out of what they thought to be “a tough and an unavoidable” situation and I can help you as well. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at dtoomey@remax.net. 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 (847) 338-0180
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this, dennis toomey.
dennis is a Real Estate Broker at RE/MAX Action. Short Sales Realtor:
Phone: (847) 338-0180. dtoomey@remax.net.
For Real Estate that's hassle free, just pick up the phone and leave it TOoMEy!
View My homes for sale at www.HouseByZip.com.
Dennis Toomey specializes in loan modification assistance and short sales in Elgin Illinois. Elgin Loan Modification Help, Elgin Short Sales. Elgin Short Sale Realtor IL Short Sales. Realtor.
Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
dennis toomey, RE/MAX Action, 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. Why?
Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.
We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.
The views expressed here are dennis's personal views and do not reflect the views of RE/MAX Action.
This information on How Does A Short Sale Affect My Credit? is provided as a courtesy to our viewers to help them make informed decisions.
How Does A Short Sale Affect My Credit?
IL – A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure.
Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to do all you can to avoid it.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
When you short sell you house, you will recover quickly from the dings of late mortgage payments, provided you can keep your other accounts current.
In such a case, consider allocating money to meet basic necessities first. You also have to pay other bills to keep as many accounts current as possible.
When deciding which credit bills to pay review the terms of your credit accounts. If you are using a credit card to temporarily pay for necessities, you should be sure not to jeopardize the availability of that account.
By so doing, you will keep the necessary accounts current. I want to help make it possible for your credit to recover quickly. A Short Sale may be just one part of a larger effort to get you through a tough period.
I have helped many others to successfully come out of what they thought to be “a tough and an unavoidable” situation and I can help you as well. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at dtoomey@remax.net. 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 (847) 338-0180
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this, dennis toomey.
dennis is a Real Estate Broker at RE/MAX Action. Short Sales Realtor:
Phone: (847) 338-0180. dtoomey@remax.net.
For Real Estate that's hassle free, just pick up the phone and leave it TOoMEy!
View My homes for sale at www.HouseByZip.com.
Dennis Toomey specializes in loan modification assistance and short sales in Elgin Illinois. Elgin Loan Modification Help, Elgin Short Sales. Elgin Short Sale Realtor IL Short Sales. Realtor.
Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
dennis toomey, RE/MAX Action, 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. Why?
Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.
We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.
The views expressed here are dennis's personal views and do not reflect the views of RE/MAX Action.
This information on How Does A Short Sale Affect My Credit? is provided as a courtesy to our viewers to help them make informed decisions.
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