Real Estate Law > Short Sales
What are the benefits of a short sale?
In short, a short sale allows you to avoid foreclosure and helps protect your credit. You may also be eligible for relocation assistance from various government programs. Ask one of our experienced attorneys about the different relocation assistance programs in a short sale, including the Home Affordable Foreclosure Alternatives Program (“HAFA”). For example, HAFA provides homeowners the opportunity to exit their homes and be relieved of their remaining mortgage debt through a short sale. It also provides homeowners with up to $10,000 in relocation assistance.
A Simple Solution to a Difficult Situation
Many lenders today are willing to accept a short sale to avoid the more complicated foreclosure and bankruptcy processes. We’ll show you how to take advantage of this situation.
The Government Is Willing to Help
While short selling is not the first choice for most homeowners, many people in today’s challenging economy are opting for it – partially because new legislation is assisting homeowners in the short sale of their primary and secondary residences to avoid foreclosure. You may even be eligible for up to $10,000 for relocation assistance at closing.
Save Your Credit
You’ve worked hard to keep a good credit rating, and short selling is a smart way of protecting your score. Unlike foreclosure, which can deduct up to 150 points from your credit rating, a short sale only deducts 25. This makes it easier for you to get back on your feet – and even purchase a new home as little as 24 months later!
A Simple Solution to a Difficult Situation
Many lenders today are willing to accept a short sale to avoid the more complicated foreclosure and bankruptcy processes. We’ll show you how to take advantage of this situation.
The Government Is Willing to Help
While short selling is not the first choice for most homeowners, many people in today’s challenging economy are opting for it – partially because new legislation is assisting homeowners in the short sale of their primary and secondary residences to avoid foreclosure. You may even be eligible for up to $10,000 for relocation assistance at closing.
Save Your Credit
You’ve worked hard to keep a good credit rating, and short selling is a smart way of protecting your score. Unlike foreclosure, which can deduct up to 150 points from your credit rating, a short sale only deducts 25. This makes it easier for you to get back on your feet – and even purchase a new home as little as 24 months later!