Monday, May 23, 2005

 

preforeclosure short sale

A preforeclosure short sale is a less damaging mark on your credit than bankruptcy or a forced, public sale. Your participation in a preforeclosure short sale is an indication to your future creditors that you acted responsibly irrespective of the hardships you faced. By participating in a preforeclosure short sale you can avoid embarrasing public foreclosure notices, the forced public sale of your home, and public eviction proceedings.
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