Posted almost 12 years ago

Short Sales Expert in Prince George County Maryland :Credit Impact

Short Sales Expert in Prince George County Maryland

The Credit Impact of a Short Sale

There is no doubt that your credit score will be impacted by your decision to do a short sale.

But, what would be the impact if you just let it foreclose?

In this case, your credit rating most likely will be impacted less. .

selling your house as a short sale .

than losing your house to a foreclosure

In a short sale you have a much higher chance of your bank waiving/forgiving that balance of what you owe with NO FUTURE implications.

When this amount could be in the hundreds of thousands of dollars in some cases to you as a short seller. .

A few points on your credit score should not deter you from doing what benefits you

Does your credit score really matters right now?

You should be in position to answer this question and much more after watching the following video. ..

In this video you will find important information about the reason why you may consider doing a short sale and understanding fully how much it could affect your credit score

I invite you to watch our FACT SERIES VIDEOS below to learn all about short sales This following video answers the question about . .

"The Credit Implications of a Short Sale"

These videos are intended to provide the latest information to sellers during the process of a short sale.This is our attempt to teach you everything we've learned about short sales, the process and your role as a homeowners during a short sales.

We believe an informed homeowner is easier to assist from the very beginning and your understanding of the process could benefit you in making the right decisions.

"A Short Sale is the sale of real estate in which the sale proceeds is less than the balance owed on the property's loan. .. and the lender forgiving the debt in order for the homeowner to avoid foreclosure"

If you or someone you care about are currently facing mortgage difficulty, please share these VIDEOS BELOW,

I also encourage to bypass all these and ask about our FREE DIRECT CONSULTATION about your particular case. . and remember, peace of mind is ALWAYS the best outcome from a short sale!