Monday, April 4, 2011

Foreclosure Should be Last Resort!

Consider these important facts about Short Sale before walking away:

  • You could qualify for another mortgage within 2 years through FHA - 5 through other sources
  • Your credit score will take a 200 point less hit then if you let your house go into foreclosure
  • Neighbors, friends, or relatives need only know that you have decided to sell your home (no embarrassment)
  • You take back control of an otherwise powerless foreclosure system - you call the shots!
  • Living in your home while showings take place allows you to live there longer while the bank negotiates.
  • Foreclosure should be a last resort - it costs everyone more to go through a foreclosure and doesn't benefit anyone.
  • You may qualify for up to $3000 to relocate through the HAFA program.
Please call me with any questions about short sales and how it can benefit you.
Greg Portlock
CDPE (Certified Distressed Property Expert)
RE/MAX Momentum
303-521-7325
Brighton, Colorado
www.FreeDenverSearch.com

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