Why Consider A Short Sale

There are 3 very good reasons to choose a short sale if you have a financial hardship that is preventing you (or soon will prevent you) from meeting your mortgage payments:

1. Banks prefer to do a short sale over a foreclosure.
2. Banks are not in the business of owning property and do not want to foreclose on you.
3. Short sales would not negatively impact your credit as much as a foreclosure would.