Wednesday, June 24, 2009

Easy Definition of "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. And typically, a short sale does far less damage to the homeowner’s credit than a foreclosure does. (Information from IndianaShortSaleSolutions.com)

Nicole Charles has years of mortgage and Short Sale experience. She knows the answers to your questions, she knows what your options are, and she's here to help.

A Short Sale might be an option for you. Call Nicole for a free, confidential, no obligation discussion of your situation.
(608) 513-0021

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