• Facing financial difficulties?

  • Behind on mortgage payments?

  • Facing foreclosure?

  • Owe more on your home than it is worth?

Short sale may be an option for you!  What is a short sale?  If true financial hardship can be shown to your lender, they will allow you to sell your home at market value, and forgive any debt above the selling price.  Your lender will also take care of the expense to sell the property, meaning commissions, transfer stamps and other closing costs, meaning no out of pocket expenses to you.

Think foreclosure is a better route?  Think again!  A foreclosure will negatively affect your credit for a minimum of 8 to 10 years.  Many credit and job applications will also ask if you have ever had a property foreclosed upon.  That could affect you for the rest of your life.  Minimum impact is hundreds of points off of your credit score.


A short sale shows up as a forgiven debt, and has no impact on your credit score. 

Want to find out more?  Call Ron at:

630-740-5093

or email me at

rldonavon@kw.com