Avoid Foreclosure: Latest Help Revealed

Avoid Foreclosure: Latest Help Revealed: "Foreclosures can be avoided, which will help to protect your credit. If you have done what you can to modify your loan for smaller payments or gone through the government program for loan modification, you will have another option. If you can’t save your home and know you will need to move out when the foreclosure is completed, you can sell the house in a short sale to a real estate investor.

The investor is interested in buying your house in its present condition without you spending another penny on repairs or cosmetic fixes. You may be able to pay the bank off even if the investor’s offer is slightly lower than what you owe. That’s why it’s called a short sale. You’ll preserve your credit and will avoid having a foreclosure on your credit history. If you need to move out of the house anyway, this is a great way to go."