So many times people ask why they should go through a short sale or just let the home go back to the bank...this video is a brief description about the differences between a short sale and foreclosure. The credit ramifications, ability to purchase another home, and security clearances are all discussed in this video.
Did you know that a foreclosure is permanent public record? You may not be able to purchase another home for at least 7 years...and security clearances could be in jeopardy after a foreclosure. Watch the video and if you have questions call me today!
A short sale could save the future of your credit, eliminate your deficiency, and allow you to move on with your life with the ability to purchase again in a few short years.