I know this is a site started by a debt kid who tried to get rid of debt while avoid bankruptcy and fatal damage his credit score. It might appear to be insensitive to talk about foreclosure investing here. It…
short sale
How Will A Short Sale Affect My Credit?
by Scott Mitchell •
A short sale will negatively affect your credit, but not nearly as much as a foreclosure or deed-in-lieu ~ read this entire article for details on each alternative. A short sale simply means that the amount of the mortgage balance…
Short Sale vs. Foreclosure: Which is the Better Option?
by Scott Mitchell •
Losing your home to foreclosure due to an inability to keep up with your monthly mortgage payments is one of life’s most unpleasant experiences. It is also an event that keeps on affecting you long after your home is history…
Short Sale vs. Deed-in-Lieu: What’s Your Best Choice?
by Scott Mitchell •
Homeowners facing foreclosure often have the option of selecting a short sale or a deed-in-lieu of foreclosure as a possible solution to their financial difficulties. But are they? Which is the best choice? Like most alternatives, both have their upsides…
What You Need To Know About Short Sale Tax Issues
by Scott Mitchell •
—–>Check out my post on how I successfully short sold my house