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RE/MAX Affiliates
Katie McCartney |
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(614) 439-1874 |
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(866) 232-5248 |
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There Are Always Consequences Jan 26, 2010 | 
Whether we like it or not, there are always consequences to our actions. Whether it is going for a short sale, succumbing to a foreclosure, or trying to modify your loan there are risks along with the solutions.
RIS Media details the Loan Modification issues in Can Loan Modifications Cause Trouble Down the Road?. About.com details the Short Sale/Foreclosure windfalls in Short Sale and Foreclosure Effects on Credit.
Best thing I can advise is to weigh your options carefully and understand the consequences before you take the plunge. Ask lots of questions to who ever you are dealing with at the time. Feel comfortable that they are give you answers and not selling you on a solution. If there is any inclination that there is trouble, stop and get a second opinion. You are entitled to make a decision in how it will best fit your needs.
Picture from StockXpert.com. |
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