Short Sales

Why should you try a short sale instead of foreclosure? We'll if you live in Utah first off, unless you have refinanced in the past year, you probably don't need to sell your home as a short sale. Even most of the fixer uppers you can sale for at least what you owe the lender plus realtor fees. Other situations? You are better off with a short sale on your credit than a foreclosure. The lenders look at it as that you put in the effort to sale your home and you put in the effort to pay them back. Not that you just left the home for them to deal with. Plus the 2nds can usually get something instead of nothing and it saves the 1st some money in taking it all the way to auction and dealing with it after.