If you’ve gotten behind on your mortgage payments and have received a foreclosure notice, you might be expecting the worst. Don’t start packing your bags just yet! There are options available to you that may help you save your credit, and maybe even your home. Short Sale A short sale is when a mortgage holder […]
Foreclosure vs Short Sale: Understanding the Difference
Foreclosures and Short Sales: Takeaways of Both A number of things can happen when a homeowner gets behind on payments. The two of the more frequent outcomes are foreclosure and short sale. Want to know the difference? Foreclosure Foreclosures can be extremely complicated, but here are the facts. Home foreclosures happen when a borrower fails to make […]