Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Posted over 13 years ago

Short Sale vs Foreclosure-by Los Angeles short sale agents Munson Realty

Short Sale vs Foreclosure-

by Los Angeles short sale agents Munson Realty


It’s no “news flash” that many homeowners are underwater and desperate for relief.  They are experiencing hardships such as job loss, death or illness in the family or frankly their adjustable loan rates have spiraled out of control leaving them very few options. In most cases those options are to walk away and allow the bank to “foreclose” on their property or to “short sale” for a faster credit recovery.

In this video, Los Angeles short sale agent, Stephen Munson discusses the main differences between a Foreclosure and a short sale and how each impacts your credit. You may be surprised to find out just how soon you can become a homeowner again depending upon which route you choose to take… foreclosure or short sale!



Comments