The Smartest Way to Buy or Sell a Home

The final misconception I commonly hear is that once the lender schedules a sheriff's sale it is too late to do anything. We often will attempt a short sale at the same time your lender is going through the foreclosure process. After the sheriff's sale you have a six month redemption period in most cases. We can use this time to negotiate ...

The third common thing I hear from homeowners is that a short sale is going to hurt your credit just as bad as a foreclosure, so why bother. A foreclosure is one of the worst things you can have on your credit report. The foreclosure itself is a huge negative on your credit report, but the other part that really hurts you is the nine to ...

The second common misconception I run into a lot is that a short sale can happen very quickly. A short sale is generally not a fast process. We put your home on the market and try to get offers. Once we get an offer we present the offer to your lender and negotiate with them to accept less than the full amount you owe them. This negotiation and ...

Many people, and even many Realtors, do not fully understand what a short sale is or the process involved in negotiating one. The first common misconception is that a short sale is the same as a foreclosure. This is not true. Foreclosure is the process your lender (mortgage company) goes through to take the house back from you when you don't ...