There are many questions regarding short sales and foreclosure. I have included the chart below to help you understand the differences. As you can see, when your home is in distress a short sale has many benefits. One must, to be successful, with a short sale get the process started early. I hope this chart helps. Remember if you find yourself with house payment issues, contact us at The Brian Maecker Team at www.BrianStopsForeclosure.com.

Thank you,
Brian Maecker