Tuesday, July 17, 2012

Short Sale vs. Foreclosure

Why is it better to do a short sale versus a foreclosure? The main answer is money! Some banks are now giving homeowners up to $30,000 to short sale their home! To find out if your lender is participating in this  program, just give us a call or send us an email. The other reasons to do a short sale versus a foreclosure are:
  • The amount of time that negatively affects your credit report is a lot less
  • The reduction in credit score is a lot less
  • You can buy another home much sooner
  • Does not challenge most Security Clearances (Police officers, military, CIA, security)
  • No bad effects on current and future employment
  • No deficiency judgment no matter what your circumstance, including investment property!
Find out more advantages to doing a short sale here: San Diego Short Sales

Remember, knowledge is power! Find out all your options before it's too late! Contact us for a free, no obligation consultation. (619) 890-7447

Looking for a home? San Diego Real Estate

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