Friday, February 8, 2013

Is a short sale right for you?

Walking away from a home without trying to obtain a loan modification (renegotiate the mortgage) or even attempting a short sale can open a borrower up to potential legal and financial issues.

If you can no longer afford your home due to a change in circumstances consult an attorney before proceeding.

If a short sale is a consideration understand the impact it has on your credit score and potential liabilities.

If you have questions about a short sale please give me a call at 321-693-3850.  If you have questions about the legal and tax implications of a short sale, contact the appropriate professional.

Here are a few of my past articles about short sales...

Why Bother? Short Sale, Foreclosure…either way my credit is ruined!