Short Sale FAQ's-Can I receive cash from a Short Sale?

Short Sale FAQ's-Can I receive cash from a Short Sale? No, Home Short Sales are only designed to get you out of your mortgage debt rather than going through the entire foreclosure process. It is not a refinance option and you will be vacating the property, as you would, if you were going through foreclosure.

More Short Sale FAQ's (frequently asked questions).

Avoid Foreclosure-What Are your Choices? Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know what your options are and how they will affect your credit. You may be able to Avoid Foreclosure and walk away with less of an impact on your credit than you think.

Get comprehensive information on how you can avoidforeclosure and how your options will affect your credit, including Short Selling your home and Alternatives to Short Sales.

Copyright © 2010 By Stephen Munson,Munson Realty Southern California Real Estate –Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*