A short sale is where the lender agrees to take less than owed on the mortgage. With a Short Sale Your Credit score may drop as much as a foreclosure. One advantage can come from a Short Sale is You may be eligible to buy a home with a loan backed by Fannie Mae or Freddie Mac sooner than you would if it went into foreclosure.
Also talk to a CPA and a Tax Attorney.
The seller has a hardship, and the seller owes more on the mortgage than the home is worth. You will have many steps to get to the end of a Short Sale, Call Kathy Carey SFR.
Short Sale Foreclosure Resource (SFR) agent knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.
Also talk to a CPA and a Tax Attorney.
The seller has a hardship, and the seller owes more on the mortgage than the home is worth. You will have many steps to get to the end of a Short Sale, Call Kathy Carey SFR.
Short Sale Foreclosure Resource (SFR) agent knowing how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.
