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GET JENNIFER FOR THE MOST RECENT INFO ON THE NEWEST SHORT SALES OR FORECLOSURES
OR...
see www.foreclosureresponseteam.com or call George Coloney at 954-954-801-7320
or see
.... www.gocoloney.com for more info on Coloney Property Management .
What is a SHORT SALE?
Property is sold when lender accepts a lessor payment for a mortage owed.
Most likely, you will be released from any deficiency judgement liens filed against you.
Since no foreclosure, is not reported to credit bureaus.
Reflects on your credit report for approximately 2 years only.
FICO score may drop between 75-125 points only!
What is a FORECLOSURE?
Lender takes title and FORCES the sale of the property.
Lender has the ability to file a "Deficiency Judgement" against you and OTHER property you may own.
A FORCLOSURE will be reported to most credit bureaus.
Reflects NEGATIVELY on your credit report for UO TO 10 YEARS!!!
FICO score may drop between 200-280 points !
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