In foreclosure vs short sale, who wins? In all honesty, the answer is no one. However, one alternative is less emotionally and financially painful than the other. If you're faced with being unable to pay for your Branson real estate or Table Rock Lake real estate, first realize that you're not alone. Job loss, mounting medical bills and shaky investments are only a few factors that figure into the mortgage crisis many Americans are facing. The reason why doesn't matter as much as finding a solution to the problem. So let's examine foreclosure vs short sale so you can consider which alternative might be best for you.
A foreclosure is shown as a nonpayment and often stays on your credit report for minimum of seven years. During this time, it can difficult to find employment, qualify for new housing or even hold you back from raises in your current employment position. With a short sale, although it does go on your credit report, it doesn't stay there as long (2-3 years on average). Plus, since the loan has been repaid, even at a lower amount, there's more leniency when it comes to dealing with individuals like landlords and employers. Many times people feel the only option they have is to walk away from their Branson real estate. However, you may be in a situation where a short sale is possible and that's where an experienced short sale Realtor can help you most.
I'm Charlie Gerken. When faced with money burdens, it takes a financial toll, as well as an emotional one on people. What you may not realize is there are real estate buyers specifically looking for short sale homes who might be able to take away that worry. It all comes down to having an experienced short sale Branson Realtor connecting you with the proper lending decision makers so a short sale can perhaps be a reality. There's no cost and no obligation to confidentially talk about your particular situation. Please find the help you need by contacting me today.
Averages based on current search criteria as of 05/21/2024 11:36 AM
Property Averages
WOW, reduced for you! Beautiful home that has been totally remodeled and updated. We are proud to offer this absolutley wonderful executive style h...
Located in the private gated community of The Meadows @ Hidden Springs. Offering over 4300 square feet of living space! With 3 bedrooms, 3 full bat...
Short Sale. Beautiful lake view, Stone County unrestricted property! Introducing your perfect lake view oasis in Reeds Spring, Missouri. 2 bedroom,...
Check out this clean cozy 2 BR condo in the gated community of Sunset Cove. Move in Ready! Close to everything Branson offers
The opportunity of a lifetime is at your fingertips near Lake Taneycomo in Forsyth! This 3 bedroom, 2 and 1/2 bathroom home is looking for a new ow...
Another great opportunity here with this 3 bedroom, 2 bathroom 1994 model manufactured home on a nice corner lot in Powersite. This great home feat...
Manufactured home, 4 bedrooms, 2 bathrooms, living room, dining room. Lots of square footage for the $$.
Conveniently located in the center of Reeds Spring, this large home features 3 bedrooms on a split design with 2 bathrooms and 2 large living areas...
A lot of home for the money ! About 2140 SF. Very near Table Rock Lake. Great weekender or Vacation home.Large bedroom up and large bedroom downsta...