Utah short sale specialist can help you avoid a foreclosure. Distressed homeowners however are opting for alternatives to foreclosure and short sales are becoming increasingly popular due to its abilities to assist homeowners in Utah.
Short sales offer cash back incentives, a credit score that suffers far less than one of a foreclosure in Utah and the assistance of a Utah short sale specialist at no cost.
Something each and every homeowner in Utah worries about is how their credit will be affected once a short sale all is said and done.
The truth is, a short sale itself may drop your credit score by 50 points, however it will the delinquent mortgage payments that do the most damage; each missed payment ranging around 30 points.
When you compare a short sales versus a foreclosure you will see that a foreclosure may lower your credit score by 300+ points and sit on your credit report for up to ten years.
A Utah short sale specialist can help you and typically your credit score will recover within two years usually displaying paid as negotiated or settled in full on your credit report.
A foreclosure in Utah also has the potential to hold you back from a certain career path because it is not uncommon for employers to do a credit check before making a decision.
One of the greatest benefits of a short sale is having an experienced Utah short sale specialist assisting you throughout your short sale. The goal of a Utah short sale Realtor is to handle all negotiations on your behalf while working aggressively to get your home sold in Utah.
A highly qualified Utah expert in short sales will be able to keep constant exceptional communication with all parties involved while offering their services to you, at no cost; your lender will typically pay all commission and closing costs.
There is no reason to let your home in Utah go into foreclosure when you have a Utah short sale specialist available who has dedicate their lives to helping distressed homeowner prevent foreclosure.
If you have been through a short sale or foreclosure and need to improve your credit go to Get Great Credit