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Liz Streed, GCREP - 850-368-7735
John Sygowski, GCREP - 850-501-0271
One Stop Realty Shop For Buyers and Sellers! February 22, 2012

Facing Foreclosure?

There are countless hardships that can turn home ownership from a joy into a burden.  The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable.  But ignoring the bills will not make them go away, it will only make things worse.

If you need help, there are approaches that can help, but you may not be familiar with them.  One of these is a “short sale.” In an approved short sale, the lender agrees to accept less than is owed for the property, and the homeowner is relieved of the debt.  A lender may be willing to do this because it spares a lot of hassle and expense involved in executing a foreclosure.  Typically, a short sale does far less damage to the homeowner’s credit than a foreclosure does. 

If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating, please contact Liz Streed by CLICKING HERE and filling out the necessary information.

 
       
 
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