Posts Tagged ‘foreclosure’

How short sales save credit & time

January 5th, 2012 \\ Blog \\ Tagged: , ,

Selling your home as a short sale can not only save valuable credit score points but also reduce the time frame in which you can once again purchase a home. A successful short sale may lower your credit score as little as 50 points. This drop in credit score can also be brief, credit can [...]

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What is the difference between a Foreclosure and a Short Sale

September 14th, 2011 \\ Blog, Foreclosures, Short Sales \\ Tagged: , , ,

The biggest difference is time.  With a Foreclosure you will hear back on your offer within a week.  With a Short Sale you are looking at a waiting period of upto 3 months.  Fha, Dva and Hafa short sales are preapproved short sales in which you will hear back in about a week or so.  [...]

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