Here’s how a short sale can save you from the foreclosure process.
Today on the “Central Iowa Real Estate Scoreboard,” Heather Burnside and I talk about what people can do if they are facing foreclosure. With forbearance periods ending all across the country, more people are facing foreclosure right now than we’ve seen in a while. Fortunately, just because you’re facing foreclosure doesn’t mean there’s no hope.
You can listen to our full conversation in the video above or skip to each topic using the timestamps provided below for your convenience:
0:22 - What happens in the foreclosure process?
1:02 - Don’t abandon your home; you have options
2:25 - How do you stop a foreclosure once the process starts?
3:11 - What is a short sale, and how can you use it to prevent foreclosure?
4:58 - Short sales affect your credit but not as much as a foreclosure
6:12 - Short sale specialists make everything go smoothly
If you have any questions about today’s topic, or if you want a referral for a great short sale specialist, please contact us via phone or email. We are always willing to help.