What is a Short Sale?
A Short Sale is a win-win solution for the home owner and the lender. Borrowers get relieved from their mortgage debt and get their credit restored.
What are the Benefits of a Short Sale?
When a Short Sale is achieved, there will not be a foreclosure. A Foreclosure damages credit up to 7 years and bankruptcy up to 10 years. Many experts believe that a foreclosure is much worse than a bankruptcy.
Can investment properties be short sold?
Most definitely. Any type of property can be sold through a short sale.
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