This Is Scary… Foreclosure Fears

| November 7, 2019 | 0 Comments

Friends,

foreclosureIt’s Halloween season… and along with all the scary trick-or-treaters out and about, some people are facing a bigger fear – foreclosure!

Unfortunately, the housing crash of 2007 was a dire time for many.  It made foreclosures a normal occurrence.

When homeowners get into a desperate situation, often with a property they can’t afford, foreclosure can feel like the only option.

But there are other options… 

For example, have you ever heard of a short sale?

A short sale is a method where you sell a home for less than the balance owed on the mortgage. 

As buyers, sometimes you can find houses at a bargain price.  

The only problem, these short sales can be complex.  The article below breaks down the details…

https://home.howstuffworks.com/real-estate/selling-home/short-sales.htm

The article is four pages… it’s a bit long, but it’s a great read!  

Good Investing,

Brian
Publisher
real-estate-research.com

 

Tags: , , , ,

Category: Real Estate Selling Tips

Leave a Reply

Your email address will not be published. Required fields are marked *