Foreclosures can be devastating for
your credit and your future. A foreclosure notice can stay on your
record for up to 10 years. If you are facing foreclosure, a short sale
might be your only way out. A short sale occurs when the property is
sold for less than market value, to a third party or an investor, for
the purpose of satisfying bank loans and avoid foreclosure. In a short
sale, Homes For Less will negotiate with the bank to overlook your debt
and allow you to sell your home without the remaining principal.