Tag Archives | short sale

Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop making […]

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How A Short Sale Affects Your Credit

  Many people think that a short sale will damage your credit but that is the opposite from the truth. Watch this video to learn how a short sale effects your credit score. If you have any questions go to our blog at http://www.fairhouseoffer.net/blog and if you are interested in seeing if a short sale […]

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