Short Sale vs. Foreclosure: Do you know the difference?
When a mortgage becomes unaffordable, avoiding foreclosure becomes a primary goal. It is a unique situation that adjusts priorities and changes perspectives. For the millions of homeowners unable to make their mortgage payments today, there are alternatives to foreclosure that can lead to an entirely different, more positive financial outcome.
One of t
he leading solutions to foreclosure today is a short sale. In a short sale, the lender agrees to accept the sale amount, even if it is less than what is owed on the mortgage. If you would like to read more, this report explains how the consequences of foreclosure compare to those of a short sale. As CDPE-designated agents, we have been extensively trained in the alternatives to foreclosure and can help you make an informed decision.
Remember, we are always here to serve our clients and our community. Please feel free to contact us with any questions you may have.



