Are any of you out there struggling with this decision? Is your back against the wall? As a Real Estate professional and a Certified Distressed Property Expert, I can assure you there is a big difference between the two. Allow me to give you my analogy on the two; as far as your credit goes, a short sale would be like falling of your bike and scraping your knee. A foreclosure; that would be like getting hit by a train.
Think about your decision carefully.
James
