Success doesn't matter! What matters is how you deal with the events that surround your situation when you own a home and a mortgage. Life Happens!

Whether you are a fantastic, brillant actor like Nicholas Cage or a loving, adorable TV Star from "Happy Days" Erin Moran "Joanie" who loved Chaichi by the way... or you are a reality TV personality like some of the ladies on The Orange County Housewives - Alexis Bellino , well what is the difference?

There is a huge difference between these two.
Our famous folks mentioned above had the worst happen - Foreclosure, where the Orange County icon negotiated a succesful - Short Sale.

These two instances in ones life are drastically different, but depending on each persons individual circumstances there comes with it a plan or strategy  when life happens.

Foreclosures -  have a tendency to hurt your credit for a longer period as well as remain on your public record up to 10 years of time and make financing a little tougher in the future if you need to get a tradtional mortgage.




Short Sale - In a properly managed short sale, the home is sold at a price that should be close to market value and in almost all cases will be better than a REO sale resulting in a lower deficiency, when negotiated correctly.

CLICK HERE NOW to request more info if you would like to have the difference between Foreclosure vs. Shortsale - put this in your subject line.

This can and will get better - hope this helped!
All our best - from SeattleMargo.com