What are the benefits of a Short Sale to the Homeowner?

1. Being proactive in pursuing a Short Sale will benefit you in the future when you purchase your next home. A Short Sale is more favorable than having a Foreclosure on your credit report and can affect your ability to get another home loan in a few years.
2. You can avoid being surprised by the foreclosure process, like an unexpected eviction. Many times the foreclosure process will be postponed while the bank considers your Short Sale. Either way, working with an experienced Short Sale agent will allow you advance notice on the status of your home.
3. You may qualify for a financial Short Sale incentive from your lender.
4. Having control over the sale of your home will bring a sense of closure to the situation.