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Foreclosure in 19064 : Real Estate Advice

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Sat Jun 11, 2011
Steve Sisman answered:
Good afternoon John,

Sorry to here about your situation. Have you considered a SHORT SALE on this property? A SHORT SALE, if the lender agrees, would allow you to sell your home for less than owed. In most cases the remaining balance is forgiven by the lender. Your advantage is that your credit reports would not indicate a Foreclosure. Forclosure proceeding time frame varies depending on the lender, the foreclosure attorney's filing and Court availability. Some have taken a year+, others less. Please feel free to contact me directly if you'd like to discuss a SHORT SALE. All information is held in strict confidence. Steve ... more
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