What Are The Benefits of a Short Sale?
A great advantage you will get from short selling your home is that your record will usually recover within two years, which will give you the time to pay off old debt, establish your credit once again, and qualify for loans. Simply put, your credit history will read as "settled in full" or "paid as negotiated", however, it will not be displayed as "short sale". A short sale is not an actual item on your credit so it will usually not affect any future employment where as a Las Vegas foreclosure keeps its title while potentially turning away employers, or even sacrificing your current job title.
Whenever foreclosure appears to be a possibility on a homeowner's record, it is wise to do as much research on a Nevada Short Sale Realtor before a decision is reached. In the event of choosing a short sale, a short sale specialist is the correct answer to your worries. A qualified and highly trained short sale Realtor will walk you through the steps of the short sale process while being responsible for all negotiations on your behalf.
Short Sale F.A.Q.
