Should I short sale my home or sign a deed in lieu of foreclosure
If you are considering one of these options you should consider the following:
1. What is your present and future financial situation;
2. What will the tax and legal consequences be; and
3. What lifestyle implication will I experience.
It is advisable to consult an attorney as well as El Paso RE/MAX REALTOR before making any real estate decision. Short sale benefits include stopping the foreclosure process, and usually prevents the lender from suing for deficiency.
Yvonne A. Russell, REALTOR®
RE/MAX Associates
10940 Ben Crenshaw, Suite C
El Paso, Texas 79935
CELL (915) 873-8646
FAX (915) 594-9253
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