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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.


Property Averages

Averages based on current search criteria as of 02/05/2023 8:07 AM

Listings
5
Build Age
36Y
Sales Price
$143.2K
Beds
3
Baths
2
Listings
5
Build Age
36Y
Sales Price
$143.2K
Beds
3
Baths
2

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56 Photos 124 Stage Coach Road Kirbyville, MO 65679

124 Stage Coach Road
Kirbyville, MO 65679
The Horizon
Residential

MLS# 60235379 / Active
5 br, 3 ba, 1 Half Bath, 4480 Sqft
Type: Single Family Residence

Located on 14.6 beautiful Ozarks forest land this offering features granite counters, hardwood floors, fireplace, multiple decks with Trex type dec... 

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$399,900
16 Photos 163 Corewood Lane Reeds Spring, MO 65737

163 Corewood Lane
Reeds Spring, MO 65737
Melody Manor
Residential

MLS# 60230469 / Active
3 br, 2 ba, 1920 Sqft
Type: Manufactured On Land

Good investment property. Three bedrooms, 2 bath with large 2 car garage. Level lot. 

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$113,000
Reduced -$22,000
14 Photos 8322 Us Highway 160 Walnut Shade, MO 65771

8322 Us Highway 160
Walnut Shade, MO 65771
Taney-not In List
Residential

MLS# 60229284 / Active
3 br, 2 ba, 2400 Sqft
Type: Mobile Home

Doublewide on land just waiting for your TLC. Great split floorplan features 3 bedrooms, 2 full baths, split living rooms with fireplace, large ope... 

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$105,300
Reduced -$11,700
18 Photos 430 Woodmist Road Galena, MO 65656

430 Woodmist Road
Galena, MO 65656
Eagle Woods
Residential

MLS# 60234584 / Pending
3 br, 2 ba, 1462 Sqft
Type: Manufactured On Land

If you are looking for a secluded property this would be it. Nestled on 4.8 acres of land with trees and wildlife, you can make what ever you want... 

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$54,900
Reduced -$20,000
13 Photos 747 Crawley Way Forsyth, MO 65653

747 Crawley Way
Forsyth, MO 65653
N/a
Residential

MLS# 60221595 / Active
3 br, 1 ba, 1485 Sqft
Type: Single Family Residence

This 3 bedroom, one bathroom home is set on almost a half acre lot surrounded by mature trees, offering tons of privacy! Featuring lots of room for... 

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$42,750
Reduced -$2,250

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