Menifee Short Sales InfoHow Will Foreclosure Affect My Credit?On average it will lower your credit score 200 - 300 points. Have bad credit for 7 years. More than likely, never be able to buy a home again without putting a large down payment down. Pay more for anything and everything you buy on credit as it will cost you more for 7 years due to the high interest rates. Loose security clearance. For some, this means loosing their job as well. Harder to find work as credit is looked at, as a back ground check is more prominent now that computers have easy access. Difficult to find a new place to live for years to come, rentals included. When a Real Estate Broker Realtor Lists you home for sale, they do not get paid until the closing of the home, out of the proceeds of the home. This means for the most part, no out of pocket costs. If your home is not upside down you can list your home for sale with a local licensed Real Estate Broker - Realtor. If your home is upside down, owe more than it is worth, I suggest you go to the upside down page and review your options with a Real Estate Attorney and a CPA. There are future implications and knowing your options is a great start. As a California Licensed Real Estate Broker, I can offer to list your home for sale as a "short sale" and in part, ask the lender to accept less than what is owed on the loan. If you would like to sell or Short Sell your house Please email me at Harold@SouthernCaliforniaHome.info with Please put "Sell My House" or "Short Sell my House" in the subject line. |
SO CAL HOMES REALTY
(951) 821-8211 Harold Sharpe is the owner of Harold Sharpe is a
Licensed Harold Sharpe is a Harold Sharpe specializes in Selling Houses, and Finding homes for people. So Cal Homes Realty is the Real Estate Brokerage to assist you in Buying or Selling a House. Feel Free to call Harold at (951) 821-8211 Monday - Sunday 9am - 7pm |
