Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rental Basics in Concord : Real Estate Advice

  • All245
  • Local Info18
  • Home Buying105
  • Home Selling10
  • Market Conditions9

Activity 2
Sat Sep 15, 2012
Sara answered:
I'm looking for a 4bd in Canterbury Village! If you allow two small (under 30lbs) dogs I would be very excited to speak with you.
-Sara

saraksee@gmail.com
0 votes 2 answers Share Flag
Fri Sep 11, 2009
Dave Sutton answered:
Foreclosure should be your absolute last resort. A Short Sale is vastly preferable. A Short Sale will impact your credit score by only about 50 points and you should be able to buy again in 18-24 months. A Foreclosure prevents buying for more like four years.

If you're not familiar, a Short Sale lets you sell the home for less than the current mortgage, and in most cases owe nothing on the mortgage balance. You won't be able to sell for less than the current market value because your lender must approve the offer as well.

You're not alone. 48 of the 131 single family homes currently for sale in Concord are short sales.

I'd be happy to help you with more information if you like. Just click on my picture for contact information
... more
0 votes 4 answers Share Flag
Search Advice
Search

Followers

246