From the monthly archives:

September 2009

Comparing Consequences: Short Sale and Foreclosure

by Jon Griffith September 17, 2009

Challenge:  Buy a primary residence with a loan. After Forclosure:  Probably not for about 5 to 7 years. After Short Sale:  More likely 2 years. Challenge:  Borrow to purchase an investment property. After Foreclosure:  You’ll be waiting 7 years before you can do this. After Short Sale:  2 Years and you’re golden. Challenge:  Borrow money [...]

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