Why should I try to “Short Sale” my home?

 

Short Sale and Foreclosure – Effects on Credit

 

The Impact of Short Sales / Foreclosures on Credit Reports and Timeline of Home Purchase Afterwards

 

This is to help clarify some of the misconceptions and state the facts of Short Sales vs. Foreclosures in regards to your credit rating and

ability to purchase a home. (This is based off the Credit & Underwriting Guidelines as of 10/30/08)

Foreclosure / Deed in Lieu and Shorts Sales all affect your

 

credit score negatively, about 200 to 300 points. That means if the

homeowner currently has a FICO score of 720 it would go down to the low 500’s or mid to high 400’s. The reason for this is that the

creditor reporting (such as Countrywide for example) the derogatory item is sending the account information to the credit bureaus under

the same credit code 022 which is – serious delinquency, derogatory public record or collection filed. The end result is that both Short

Sales and Foreclosures will drop your credit score 200 to 300 points.

The benefit of doing a short sale over a foreclosure is ………..

visit my short sale page on my website to read the rest and learn how I can help you with your current dilima http://rhoelker.avalar4homes.com.agentsna.com/p/21739/Short-Sale-vs-Foreclosure.aspx

Short Sale Listing in Anatolia

A Short Sale is a home for sale by the owner that is selling for less than the amount needed to satisfy the liens against the property.  The Holders of the liens must agree to allow the sale and forgive or otherwise work out the difference the the seller of the property for the sale to go through.  Here is a list of these types of listing in Anatolia. 

Address	Beds	Baths	DOM	List $$	$$ Per Sq Ft	Sq FT
2240 Rhoda	3	2	16	189,000	187.5	1008
11837 Everdell Way	3	2	10	199,000	199	1000
4034 Coratina Way	3	2	3	225,000	148.71	1513
11713 Loisdale Way	3	2	23	227,000	150.63	1507
4029 Kalamata Way	3	2	186	229,000	151.35	1513
4339 Niobe Cir	3	2	206	235,000	125.2	1877
11851 Herodian Dr	4	2	122	237,500	140.53	1690
11854 Herodian Dr	4	2	61	240,000	142.01	1690
3946 IRON GATE Way	3	2	66	244,000	144.38	1690
11855 Appolon Dr	3	2	140	249,000	152.39	1634
12392 Pawcatuck Way	3	2	21	249,900	170.23	1468
11728 Dionysus Way	4	3	272	260,000	118.34	2197
11886 Cobble Brook Dr	3	2	358	265,000	121.78	2176
11764 Village Pond Way	5	3	25	274,900	119.99	2291
4406 Niobe Cir	5	3	71	275,000	103.07	2668
11875 Autumn Sunset Way	3	2	210	289,777	133.17	2176
11878 Rubilite Way	5	3	232	290,000	113.02	2566
12007 Erato Cir	3	2	155	295,000	125.48	2351
4040 Kalamata Way	4	3	21	295,000	120.11	2456
4156 Anatolia Dr	4	2	94	298,899	135.07	2213
4325 Kerkyra Ct	4	2	313	299,000	127.18	2351
12020 Mandolin Way	4	3	157	299,000	103.64	2885
11841 Opal Ridge Way	4	3	149	299,000	109.08	2741
4147 Golden Pond Way	4	3	59	299,000	108.69	2751
4183 Pylos Way	4	3	29	299,000	94.74	3156
4352 Accordian Way	5	3	25	299,000	103.64	2885
11825 Spring Walk Way	5	5	14	299,000	94.17	3175
11959 Mandolin Way	5	3	270	300,000	101.01	2970
11781 Lilac Canyon Ct	4	3	123	300,000	127.82	2347
11715 Arete Way	5	3	15	300,000	112.44	2668
4112 Aragon Way	5	3	125	310,000	103.96	2982
4324 Accordian Way	5	3	85	315,000	109.19	2885
11868 Cobble Brook Dr	5	5	129	318,000	100.03	3179
4149 Tulip Park Way	4	3	16	319,000	115.96	2751
11956 Mandolin Way	4	3	17	319,900	110.88	2885
11841 Stone Hollow Way	4	4	86	329,000	103.49	3179
11886 Larisa Way	4	3	86	335,000	118.29	2832
4437 Sophistry Dr	5	4	67	339,000	96.42	3516
3998 Iron Gate Way	5	3	88	350,000	146.5	2389
11769 Dionysus Way	4	3	246	379,000	139.8	2711
4056 Cuyamaca Cir	5	4	23	380,000	131.03	2900
4187 Tulip Park Way	6	4	119	399,000	106.88	3733
4035 Cuyamaca Way	5	3	24	399,990	120.37	3323
11768 Dionysus Way	6	4	112	400,000	126.74	3156
4205 Anatolia Dr	5	4	35	400,000	110.65	3615
12387 El Portal Way	4	3	24	429,990	129.4	3323
4366 Malana Way	5	5	86	430,000	101.53	4235
11761 Rose Wind Ct	5	3	71	460,000	195.99	2347
4385 Binchy Way	4	3	127	469,000	109.96	4265
11972 Pericles Dr	4	4	85	479,000	112.31	4265

 

Updated 10/24