Short sale or Foreclosure Part III

Part III – Foreclosure
I know, I said the F word, but let’s talk about it. A deed in lieu, mailing your keys back, foreclosure, it’s all the same thing to your credit. It’s the financial equivalent of a bomb. Your credit can be rebuilt, but it will take years before you can get another FHA or VA. If you do decide to do this, talk with the bank first and find out their policies.
Also, leave the home in good condition. When you were purchasing the home, there was a purchase contract and everything in it needs to stay in the home www.abetterrealty.net ( scroll to the bottom go to short sale), including but not limited to the Stove, dishwasher, toilets, cabinets, door knobs, and floor coverings. I know you’re unhappy about this turn of events, but taking these things just makes it worse for you.
Have you tried to modify your loan, and had someone call for you to see if there is any one last thing you could try? This is your investment, and you should do anything you can to protect it.

If you have any questions please feel free to call Lisa at A Better Realty .Net 602-390-4329