Selling Your Home Through a Short Sale Now Could Save You $500,000 Over the Next 30 Years
A loan modification is attractive to many homeowners not wanting to lose their home. For many in a negative equity position this path may result in paying over a $500,000 more than someone who sells now and gets back into the market while prices are still low (which is possible when you are aggressive with credit repair). A short sale may be a better financial decision for you. This article discusses the mechanics behind the savings.
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