If you’ve been perusing our Best Buys page, you may be wondering what the difference is between a short sale and a foreclosure? A foreclosure is a bank-owned property and a short sale is a pre-foreclosure situation where the lender has agreed to allow the seller to sell his house for less money than what is owed on the mortgage.
In most cases, a foreclosure is more harmful than a short sale Click Here to see the differences.
Also, Jesse recently earned his Certified Distressed Property Expert designation, so if you know someone who is having a hard time making their mortgage payments, Jesse may be able to help them avoid foreclosure. There are solutions available, but time is of the essence in these situations, so please call him at 410-215-7131 or email him right away.
You can also visit our We Care page for more information about avoiding foreclosure.
Wishing you sunshine everyday and the home of your dreams,
Jeri
