10 Reasons to Do a Short Sale vs. Foreclosure
1- Short sale is a negotiated settlement rather
than a court settlement
2- Short Sale has no attorney fees vs. lots of
attorneys fees and court costs and sheriff fees.
3- No Deficiency Judgment with a short sale
4- Can avoid bankruptcy with a short sale
5- Control your move out date with a short sale
6- Credit repaired in 2 years or less vs. 7-10
Years with a foreclosure.
7- Secondary liens are negotiated and paid by the
Bank in a short sale vs. civil court trials.
8- Psychologically and morally more responsible
thing to do.
9- May be able to get moving expenses
10- More control over your life and less hassle!
