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Valparaiso Real Estate Blog

Blog by Jane McMullan
Valparaiso, Indiana
Jane McMullan, Broker Associate in Valparaiso Indiana with Century 21 Pace Estates

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Why a Short Sale?
Posted at Valparaiso Real Estate Blog by Jane McMullan
May. 8, 2009
Tagged with: credit and short sales, jane mcmullan, real estate short sales, short sale information, short sale information indiana, short sales, short sales valparaiso indiana, why do a short sale

Why a Short Sale? 

It's beneficial  for the seller that is having difficulty making their monthly payment, and owes more on the property than it is worth in the current market.  Because they're going to be forgiven for a large portion of the money they owe and are saving their credit. For additinal information on the advantages of short sale vs foreclosure see: http://homebuying.about.com/od/4closureshortsales/qt/060907SScredit.htm

 

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