Showing posts with label credit issues. Show all posts
Showing posts with label credit issues. Show all posts

Tuesday, January 5, 2010

Short Sale versus Foreclosure

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