Imagine losing your home to foreclosure and then getting socked with a big tax bill.
Archive for August, 2011
Will A Loan Short Sale Affect My Credit? A short sale minimizes the damage to your credit that would be caused be a foreclosure. Typically, borrowers see a 50-100 point reduction in their FICO score following a short sale. This, however, is significantly less than a foreclosure which typically results in a judgment and remains on your credit for 10 years and a FICO score reduction of over 300 points.
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This video reviews the most effective techniques for negotiating with buyers and agents alike. It provides an introduction to the best practices utilized by real estate professionals the nation over in order to ensure the private seller has the tools necessary to negotiate the best deal the buyer is willing to pay.
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Learn on powerful way to build or rebuild your credit after foreclosure and bankruptcy.