We Stop Foreclosures in Queens NY Once and For All

Short Sale

If you are completely unable to pay your home loan, you can agree with your lender to sell your home at an amount less than the pending loan, and the proceeds will go to the lender. This is known as a short sale and is one way of preventing foreclosures in Queens NY. It can prevent you from undergoing a foreclosure and is usually an affordable and easier approach for lenders too, even though some of them may accept an amount less than balance you owe them in debt.

The other benefit of a short sale is that you don’t pay the extra fees associated with foreclosure houses in Queens NY. And even though your credit score may drop after the short sale, it won’t drop more than if a foreclosure happened.

 
 

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Website - Premier Credit Plus
Blog -   Foreclosures in Queens NY

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