A Short Sale is when the bank agrees to take less than what the borrower owes and is reported as a “settled account” on your credit report. While this does negatively impact your credit for the time being, the damage is far less severe than a foreclosure since you have chosen the dignified path to help remedy the situation than to just walk away. Your credit will recover much faster from a settled account than from a dreadful foreclosure or bankruptcy. And with our short sale strategy we have control over the time you have remaining in your home. You will never have to worry about the bank kicking you out, and there will be no embarrassing foreclosure notices posted on your property. Our professional services come to you at NO COST as the banks pay us for our intelligent exit strategy.
A Foreclosure is a legal proceeding where the bank exercises it’s legal right to regain ownership of your property when your mortgage is left unpaid. During a foreclosure the bank is in control of your remaining time in your property which can cause an incredible amount of stress for you and your family. Your credit will show a “foreclosure” status on your unpaid mortgages and will burden you for 10 years.
Call (877) 728-5942 or email us at SFFinancial@hotmail.com
Filed under: ShortSaleSolutions
