Fernando, after a short sale, how long do I have to wait before buying my next house?
If you're a seller trying to decide whether to let a home go through foreclosure vs attempting a short sale, salvaging your credit may be one of the advantages for doing a short sale.
There is probably a better chance that you will be a homeowner again. . faster with a short sale vs a foreclosure." It could be as early as two years . . Your credit will probably take a hit with a short sale. . but a foreclosure will put an exclamation point to your name.
Even finding a job can be jeopardized with a foreclosure on your name, try applying for a goverment job or get a security clearence just to be a security guard at the mall.
A short sale option does make more sense than a foreclosure at the long run.
You should always consult with an attorney and/or an accountant when your finances are at risk. This advise is based on a general question. . . there are many variables before making a decision to do a short sale.
Email us for our new ebook report about short sales:
"Is A Short Sale An Option For Me?"
We serve Maryland, DC and Virginia
Need immediate help? Call 240.426.5754 right now!
For Sale | Frederick Condos For Sale | Urbana Homes For Sale | Frederick Homes For Sale | Any Germantown Real Estate | Any Frederick Real Estate | Any Montgomery Village Homes For Sale | Any Montgomery Village Real Estate | Any Homes For Sale In Frederick | Any Homes For Sale in Germantown | Any Real Estate in Frederick MD | Any Real estate in Rockville | Any Real Estate In Clarksburg | Any Condos for Sale in Montgomery County | Any Condos for sale in Frederick | Any Condos for sale in Gaithersburg | Any Townhouses for sale in Frederick | Any homes for sale in Frederick | Any Homes for sale in MD | Any Fountain Hills Homes For Sale in Germantown