Accepting a Short Sale Over a Foreclosure Might Save Your Financial Future
Real Estate News From CoStar Group
Losing your home due to the inability to meet the monthly payment obligations is perhaps the worst financial situation you could ever find yourself facing. In fact, a foreclosure puts a huge blemish on your credit report, where improving it could take years. In this article we will examine the different strategies I have seen people have success with and avoid foreclosure. Source: Real-Estate:Foreclosures Articles from EzineArticles.com
Just recently, a client decided to move to the UK with his family. He has a beautiful house in one of the most affluent areas in Boston. Of course, with this type of economy it is impossible for him to sell it and make a profit but he's so desperate to leave that he decided to follow my advise and sell it for a much lower price. Of course, nobody wants to do that but with time restraining and money issues there is really no other choice at the moment.
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