While you may not be able to get a foreclosure loan to save your home you may still be able to avoid foreclosure with a short sale. With a short sale you can sell the home for less than market value and the home lender will likely agree to take the loss to avoid the costly foreclosure process. CM
Sometimes you just can’t get a foreclosure loan to help you out of a jam. However you may be able to avoid foreclosure with a short sale. In many cases the home lender will usually agree to let you sell the property at a loss to avoid a costly foreclosure and end up with unsellable property. It’s not a…
If you can’t secure a foreclosure loan you may be able to avoid total foreclosure with a short sale. In a short sale you can sell the home for less than you owe and possibly have your debt forgiven by the lender. The home lender will usually agree to take the loss to this to…