What Should You Do After A Short Sale?

What Should You Do After a Short Sale?

We are often asked, “What should you do after a short sale?” If you were a homeowner between 2006 and 2011, chances are you saw the value of your home at all-time high and seemingly fall overnight to a value less than your mortgage. And you weren’t alone. It is estimated that by September of 2010, 23% of all American homes were worth less than the mortgage loan. [Source] While some homeowners weathered the market and are experiencing an upswing, many chose to short sell their homes.

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