If you’re faced with the threat of foreclosure right this moment, all you can do is study your situation and study your options.  A short sale is a better alternative to get rid of your mortgage debt at minimal costs.

You have to protect your credit rating most of all so you don’t end up in bankruptcy.  If you manage to convince your lender to a short sale, your loan can be paid via the full price of your property. You can even convince your lender to report the short sale as a ‘paid settlement’ to help with your credit report. Learn more about short sale vs. foreclosure by visiting my website.  Get exclusive information on my mailing list and how-to video. Sign up now.