Selling your property as a Short Sale can be a difficult decision to make, however if you cannot afford your popertty it may be the best thing to do, the advantages of doing a short sale is you can get out of a property that is draining your resources and start to rebuild your life. www.mypbchomes.com

As far a syour credit is concerned a short sale stops the montly late reporting to the credit bureaus and a "paid in a short amount" or some such wording will be entered in your report. You are eligible for a Fannie Mae loan only after 2 years. In a principal residence any 1099C that is given to you will be forgiven.

Do not be shy in discussing a short sale opportunity with your lender you will need a real estate agent to list yhour home and to arrange the negotiations www.mypbchomes.com
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