LPFteam Demonstrates the True Benefits of Short Sale Over Foreclosure
Local CDPE-designated agent, Peter Fleming of Intero Real Estate, has released a new report weighing in on the debate of whether there is a real benefit to short selling your home rather than let it foreclose. The report, titled Short Sale vs. Foreclosure, provides information comparing the effects each has on a distressed homeowner’s future.
A short sale occurs when a lender allows a homeowner to sell a property for less than the current mortgage amount owed.
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“Lately there’s been a lot of talk surrounding whether there is a difference in how a short sale or foreclosure affects a person’s credit,” Fleming said. “This report will help distressed homeowners discover the advantages of short sales over foreclosure beyond the initial impact on their credit rating.”
This community resource is available at PeterFlemingRealEstate.com In addition to providing more information about the advantages of short sales, the report explains the potential effects foreclosure can have on employment, security clearance, and the ability to secure financing for a home once an individual’s financial situation is restored.
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“The benefits of short sales make it a better option over foreclosure any day of the week.” Faria said. “When you compare the two, you see that short sales can secure a more stable future for homeowners, and I feel fortunate to be able to guide them through the process.”
The CDPE Designated Fleming has acquired provides a specific understanding of the complex issues confronting distressed homeowners. Through comprehensive training and experience, CDPE-designated agents are able to provide solutions for homeowners facing financial hardship in today’s market.
To learn more, visit www.PeterFlemingRealEstate.com
