Why Would A Bank Do A Short Sale?
This is actually an easy question to answer. The simple answer is money. While the bank is taking a loss on the short sale, the loss is typically 10% – 40% less than what they would lose if they were to foreclose on your property. A short sale is simply about the bank losing less […]
Are Their Credit Consequences To A Short Sale?
The simple answer to this question is yes. However, this question doesn’t really have a simple answer. There are a number of factors that go into a credit score. Just like any other account that you may miss payments on, this will affect your credit score. However, when the sale of your home is complete, […]
Who Can We Help With A Short Sale?
There are basically four groups of people that we help with short sales. However, it is important to note that if you don’t find yourself within one of these groups, please contact us and we can discuss your specific situation. The first group of people are those that might have lost their job, have medical […]