Bad things happen to good people. Jobs are lost, accidents happen, people get sick...The good part is you're not alone. We're here to combine our past experience with our new, specialized training and do our best to help you out of a forclosure situation.
New education has become necessary to deal with the current financial troubles in the Real Estate market such as foreclosure. The Distressed Property Expert is part of that education process. Learning about time lines, bank requirements and seller requirements to facilitate a "Short Sale" and help sellers avoid foreclosure has become crucial. Carol and Eileen have both completed this training and are ready to put their education to work for you and keep you out of foreclosure.
Avoiding foreclosure is critical. Foreclosure not only damages your credit report possibly preventing future purchases, but foreclosure could put your job at risk. Many positions that require "security clearance" will not hire someone with a foreclosure on their history. Most banks will be very reluctant to loan money when a foreclosure shows up and foreclosure means losing any remaining equity in the property. Don't walk away until you have explored all options. We're here to help you to understand those options.
DID YOU KNOW:
- Foreclosure can damage your credit score up to 300 points, while a short sale could mean as little as 50 points.
- Foreclosure could jeopardize your security clearance.
- Foreclosure could remain on a persons credit history for 10 years or more but short sales are not reported on a credit history.
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