A Home that Sells for Less Than the Mortgage Loan is Worth
What is in it for the Homeowner?
As a homeowner, our goal at Short Sale Pros is to exonerate you from any deficiency between what you owe and what your home sells for. You benefit from having a clear cut exit strategy. We will negotiate with the buyer and lender on your behalf.
What are some of the differences between foreclosures and short sales?
Short Sales result in credit score reductions typically between 0 points and 200 points, but a Foreclosure typically results in credit score reductions between 200 points to 400 points, and is reflected in your credit report for 7 to 10 years. Both options damage your credit, but a Short Sale is significantly less damaging.