Every homeowner in Akron and Canton Ohio should be educated on their options to avoid a foreclosure in Akron and Canton Ohio. Many options are available in Akron and Canton Ohio to distressed homeowners however; short sales are becoming increasingly popular due to its abilities to assist homeowners in Akron and Canton Ohio. Short sales offer cash back incentives in Akron and Canton Ohio, a credit score that suffers far less than one of a foreclosure in Akron and Canton Ohio and the assistance of a Akron and Canton Ohio short sale specialist at no cost.
Something each and every homeowner in Akron and Canton Ohio worries about is how their credit will be affected once a short sale all is said and done. The truth is, a short sale in Akron and Canton Ohio itself may drop your credit score by 50 points, however it will the delinquent mortgage payments in Akron and Canton Ohio that do the most damage; each missed payment ranging around 30 points. When you compare a short sales versus a foreclosure you will see that a foreclosure may lower your credit score by 300+ points and sit on your credit report for up to ten years. A short sale in Akron and Canton Ohio will typically recover within two years while usually displaying “paid as negotiated” or “settled in full” on your credit report. A foreclosure in Akron and Canton Ohio also has the potential to hold you back from a certain career path because it is not uncommon for employers to do a credit check before making a decision.
One of the greatest benefits of a short sale is having an experienced Akron and Canton Ohio short sale specialist assisting you throughout your short sale. The goal of a Akron and Canton Ohio short sale Realtor is to handle all negotiations on your behalf while working aggressively to get your home sold in Akron and Canton Ohio. A highly qualified Akron and Canton Ohio expert in short sales will be able to keep constant exceptional communication with all parties involved while offering their services to you, at no cost; your lender will typically pay all commission and closing costs. There is no reason to let your home in Akron and Canton Ohio go into foreclosure when you have options available and professionals who dedicate their lives to helping distressed homeowner
Duane is a Real Estate agent at Cutler Real Estate (License No. 2003008255), covering the greater Akron and Canton Ohio area.
Helping Akron and Canton Ohio home owners avoid foreclosure with a short sale.
Duane Johnston specializes in short sales in Akron and Canton Ohio .I am your Akron and Canton Ohio Short Sale Specialist Realtor and Akron and Canton Ohio loan modification and distressed property expert. This article and content is for general informational purposes and may not be accurate. This should not be taken as legal advice, technical or tax advice under any circumstance. Seek legal advise and representation in all legal matters.