Monday, October 17, 2011

You may not have to foreclose!

There are many ways to stop the foreclosure process - and a short sale is one of the best ways!

Acknowledged by most one of the best alternatives available to circumvent foreclosure, the short sale is a more and more popular option. In this scenario, the lender agrees to take less than what you owe on the property, alleviating the homeowner of debt. Lenders are often more than willing to accept a short sale mainly because it considerably diminishes the expense and time involved in foreclosure proceedings. In the majority of cases, a short sale does less devastation to your credit than a foreclosure. A qualified REALTOR will be exceedingly helpful in finalizing the short sale process with you.

Prudential California Realty
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