Short Sales & Foreclosure
Facing a foreclosure can be a complicated situation, and it is understandable that you may experience stress in trying to determine if you can keep your home. Our real estate team has had many years assisting families in these circumstances. We can help you find options that may allow you to stop the foreclosure and keep your home, or minimally, salvage your credit and complete a short sale.
Short sales occur when the mortgage holder allows the homeowner to settle their debt for less than is owed on the property. Short sales require written approval from the lien holder and will be noted on your credit accordingly. For tax implications associated with short sales and foreclosures, we recommend reaching out to a tax accountant or tax attorney.
If you are facing foreclosure you will want to act immediately. You may have a limited amount of time to put a plan into place — the longer you wait, the more difficult it can be to find a solution.
Let the experts at Gushue Real Estate help you resolve your foreclosure situation today. Please contact us at 909.946.6633