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How to Avoid Foreclosure and Get Your House Sold


How Can You Avoid Foreclosure?

 
There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a "short sale."

A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed.

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RE/MAX Select Properties, Inc. 20937 Ashburn Rd. #200 Ashburn, VA 20147
Phone: 571-223-2947 Fax: 866-698-1704
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