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VS.

  Foreclosure

  • When a mortgage is foreclosed your credit will be destroyed for 10 years.

 

  • Foreclosures become public information, and local sheriff's can post an eviction on your door.

 

  • Should your property Foreclosure you might have to file Bankruptcy to avoid a Mortgage Deficiency.

 

 

   Short Sale

  • By completing a Short Sale a foreclosure  will not be reported on your credit. You can obtain a Full Satisfaction of your mortgage (In Lieu of Bankruptcy).

 

  • 3 months after the completion of your Short Sale your credit score will increase.

 

  • 2 years after your Short Sale closes, you may be eligible to obtain a New Mortgage.

 

  • In many situations we can get your lender to pay you $3,500 to relocate.  

 

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