When an individual has to Foreclose on their home it creates quite a mess.  Their credit is jeopardized, stress levels are to the max, and they are left without a home.  An alternative to a foreclosure is a short sale where an individual sells their home usually at a discounted price or at a value less than their mortgage.  They do this so the mortgage company does not keep loosing money and they are not forced into foreclosure. We have put together a few advantages doing this.

 Some Advantages of A Short Sale:

-One nice thing about a Short Sale is your credit report shows pre-foreclosure instead of foreclosure and credit problems there after are not as hard.

-Avoiding Bankruptcy is BIG

-All mortgage debt is fully discharged meaning you will loose your house but not your credit

-Less Impact on your credit score

-It relieves the stress of being in foreclosure and being hounded by the mortgage lender; and it allows your to get rid of your big mortgage payment and move on with your live.

-Lender gets fair market value sooner; less costly than foreclosure.

  *For more Information of Foreclosures & Short Sales Click HERE