There are some key differences between a short sale and a foreclosure in today’s real estate market. Although the economy is on the up and up, many people are still faced with this decision and we hope this video clarifies some of the differences to help you make an informed decision.
5 comparison criteria:
- Ability to obtain a mortgage in the future
- Effect on credit score and credit history
- Possible effects on security clearances
- Current and future employment
- Deficiency judgement
Short Sales impact you less severely than foreclosures!
If You have further questions on the process or would like to schedule a free, no obligation consultation, contact us at Contact@MadrellCo.com.