ADVANTAGES OF A SHORT SALE
- Avoid foreclosure on your credit
- Avoid potential bankruptcy
- Avoid being evicted from your home due to foreclosure
- Less potential tax liabilities
- Easier to clean up your credit and reduce the time it takes to prequalify for future homeownership
- Lenders generally pay for normal and customary closing costs and real estate commissions
- Homeowner education and clear understanding to make the best decision for your situation
- You may not have to be late on your payments to get a short sale approved