Short Sale Expert who can really help homeowners!

I have been speaking with a woman who is a true expert with short sales and credit repair for distressed homewoners.

Her name is Maureen McDonald and she has two fabulous systems to help homeowners get out of foreclosure and get a fresh start by repairing their credit and finding them new homes and maybe even some grant money to start their new lives.

You can reach her at 708-870-1368 or Re7day@yahoo.com.

Her credit repair site is:

http://sccs.helpnow.tripod.com/


Please get in touch with her and see if she might be able to help you out! Her specialty is stopping foreclosures that are close to auction and she is GREAT!

How will a short sale affect your credit?

Many people think…”That if I’m going to lose my house and I’ve messed my credit up so bad what’s the point of trying to do a short sale? I’ll just let the bank have it!”
Well the answer to that is a possible difference of an extra 200 points off your credit score if you have a foreclosure or deed in lieu versus a short sale on your credit history. A short sale will also allow you to bounce back and qualify for a mortgage a lot sooner than a foreclosure or deed in lieu. A foreclosure will take 280 to 300 points off your credit score! That means that if you start off with a credit score of 650 then you could end up with a score of 350!!!! Ouch! A short sale typically takes off 80-100 points. That means that the same 650 credit score will be taken down to 550. A huge difference! You will be more quickly able to qualify again for a mortgage, usually within 18-24 months after a short sale. In the case of a foreclosure it will take 24-36 months before you may qualify again.
So, what’s in it for you is a faster recovery and getting on with your life sooner!
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