Charleston South Carolina Foreclosure Help

For all the owners of houses or property who are upside down and can no longer make their mortgage payment (because of being upside down and having a job loss, not being able to maintain a trouble rental house, divorce, or mortgages and taxes that are adjusting higher), up to now the only option was walking away and letting the bank foreclose. That's not a good option since a foreclosure sticks on your credit record for at least 7-10 years.

Most experts are now advocating a "short sale". There's a significant difference between the two: If your bank agrees to a short sale, you then work with an investor and buyer for the house, you sell the house at a loss to the bank since it's no longer worth what you owe, and with the bank's approval, they agree to eat the loss.

For more information please complete our online questionnaire at:SCHomeBuyers.net

Location: Mt Pleasant -Charleston - Goose Creek-Summerville, Charletson County, Berkeley county, Dorchester county

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