Foreclosure Vs. Short Sale?
What to Do?
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.
What to Expect: Foreclosure vs Short Sale
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.
Looking for a Short Sale Realtor?
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 11/28/2023 8:05 PM
Property Averages
191 Oakwood Estates Court
Hollister, MO 65672
Oakwood Estates
Residential
MLS# 60256172 / Pending
OPEN SUNDAY, NOVEMBER 19,2023: 1:00-3:00 PM: Newer 2 story, 3 bedroom, 2.5 bath home located just minutes away from The Branson Landing. Built in 2...
142 Vixen Circle UNIT A
Branson, MO 65616
Foxpointe
Residential
MLS# 60255132 / Active
Quiet garden level 2 bed 2 bath condo. Fresh paint and new stainless steel kitchen appliances give the home a more clean modern feel. Luxury vinyl ...
158 Timberlane Drive
Branson, MO 65616
Rustic Lodge Homes
Residential
MLS# 60255026 / Active
Three bedroom, one bath home with large kitchen. Tree shaded lot. Good location only a couple of minutes to shopping, dining, and medical facilities.
145 Deckard Lane
Kimberling City, MO 65686
Indian Hills
Residential
MLS# 60257190 / Active
This property has a year round view of the lake. Come check it outNOTE: THIS PROPERTY IS BEING SOLD WITHOUT INTERIOR ACCESS
4034 White Oak Road
Merriam Woods, MO 65740
N/a
Residential
MLS# 60256215 / Active
Don't miss this fantastic opportunity to own a 3 bedroom, 2 bath home with tremendous potential. Make it your dream space, this home is a hidden ge...
338 Songbird Drive
Branson, MO 65616
Mabel
Residential
MLS# 60255487 / Pending
HUGE level corner lot with Project Home for complete remodeling. Quonset building included. Property is being sold ''As Is'' buyer may do Home Insp...
Reduced -$10,000
268 Willie Oaks Road
Forsyth, MO 65653
Edgewater Beach
Residential
MLS# 60256589 / Active
Three bedroom, 2 bath manufactured home on 1 acre.