Why You Should Consider A Short Sale Avoid Foreclosure

http://TheCapstoneTeam.com (510) 432-0617 Derick Drumm of the Capstone Team at Keller Williams - Two Names You Can Trust - Discusses some of the reasons you should consider a short sale.

A short sale is potentially better for your credit score in the long run as opposed to a foreclosure. A short sale certain will allow you to qualify for a loan again in 2 to 3 years compared to 5 to 7 years for a foreclosure.

A short sale is potentially a win-win for you and the bank. Let's face it, the bank loaned you the money in good faith to pay it back - they don't want your house. In most cases, it will cost a bank more money to foreclose than it will for them to agree to a short sale.

A short sale allows you to start fresh without the current financial burden.

A short sale looks much better to an employer who checks your credit than a foreclosure looks. As a matter of fact, if you are required to get a security clearance to perform your job duties, a foreclosure may be reason for dismissal or may prevent you from getting the job in the first place.

Don't hesitate to contact us should you have any questions about a short sale or even Real Estate in general for that matter. We are happy to answer you questions and want to ensure that you get the right answers to your questions.

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• Short Sale
• Avoid Foreclosure
• Foreclosure
• Short Sale Benefits
• Fremont
• Newark
• Union City
• CA
• California