Short Sale Guidelines from the Government

Government Announces Short Sales Guidelines
The U.S. Treasury Department announced new guidelines this week designed to make short sales go more smoothly.

How Can a Short Sale Affect a Seller’s Credit

When compared to other options, such as foreclosure and bankruptcy, a short sale has a substantially better impact on a credit report. Though short selling your home will not improve your credit and certainly won’t look good on there, it will help you keep your head above water and will not destroy you for the [...]