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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 05/27/2024 11:10 PM

Listings
11
Build Age
28Y
Sales Price
$203K
Beds
3
Baths
2
Listings
11
Build Age
28Y
Sales Price
$203K
Beds
3
Baths
2

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Displaying results 1-9 of 11
52 Photos 544 Mark Twain Drive Branson West, MO 65737

544 Mark Twain Drive
Branson West, MO 65737
Mark Twain Hills
Residential

MLS# 60264003 / Active
5 br, 5 ba, 5 Half Bath, 5942 Sqft
Type: Single Family Residence

WOW, reduced for you! Beautiful home that has been totally remodeled and updated. We are proud to offer this absolutley wonderful executive style h... 

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$625,000
Reduced -$25,000
45 Photos 700 Hidden Springs Lane Reeds Spring, MO 65737

700 Hidden Springs Lane
Reeds Spring, MO 65737
The Meadows At Hidden Springs
Residential

MLS# 60268280 / Active
3 br, 3 ba, 4310 Sqft
Type: Single Family Residence

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... 

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$455,000
76 Photos 48 Galatians Lane Reeds Spring, MO 65737

48 Galatians Lane
Reeds Spring, MO 65737
Stone-not In List
Residential

MLS# 60253740 / Active
2 br, 2 ba, 2132 Sqft
Type: Single Family Residence

Short Sale. Beautiful lake view, Stone County unrestricted property! Introducing your perfect lake view oasis in Reeds Spring, Missouri. 2 bedroom,... 

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$275,000
11 Photos 18 Bradford Place UNIT #534 Branson, MO 65616

18 Bradford Place UNIT #534
Branson, MO 65616
Sunset Cove Condos
Residential

MLS# 60259963 / Active
2 br, 2 ba, 1322 Sqft
Type: Condominium

Check out this clean cozy 2 BR condo in the gated community of Sunset Cove. Move in Ready! Close to everything Branson offers 

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$225,000
Reduced -$12,500
17 Photos 128 Cardinal Road Forsyth, MO 65653

128 Cardinal Road
Forsyth, MO 65653
Dixieland
Residential

MLS# 60263762 / Pending
3 br, 2 ba, 1 Half Bath, 2644 Sqft
Type: Single Family Residence

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... 

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$179,900
Reduced -$10,000
21 Photos 2027 State Highway Vv Powersite, MO 65731

2027 State Highway Vv
Powersite, MO 65731
N/a
Residential

MLS# 60263133 / Pending
3 br, 2 ba, 1144 Sqft
Type: Manufactured On Land

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... 

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$115,000
Reduced -$20,000
20 Photos 46 Bluejay Road Blue Eye, MO 65611

46 Bluejay Road
Blue Eye, MO 65611
Meadowview
Residential

MLS# 60266489 / Active
4 br, 2 ba, 2016 Sqft
Type: Manufactured On Land

Manufactured home, 4 bedrooms, 2 bathrooms, living room, dining room. Lots of square footage for the $$. 

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$98,900
Reduced -$10,300
19 Photos 22389 Main Street Reeds Spring, MO 65737

22389 Main Street
Reeds Spring, MO 65737
Bush Addition
Residential

MLS# 60261945 / Pending
3 br, 2 ba, 1890 Sqft
Type: Manufactured On Land

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... 

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$79,900
30 Photos 72 Samantha Street Galena, MO 65656

72 Samantha Street
Galena, MO 65656
Mccord Bend Moho Prk
Residential

MLS# 60267954 / Active
2 br, 2 ba, 2140 Sqft
Type: Single Family Residence

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... 

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$70,000

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