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Category Archives: Mortgage

  1. How Does a Short Sale Affect Your Credit Score?

    how does short sale effect credit

    Are you considering a short sale of your house? If so, you’re probably wondering how will a short sale affect your credit score. In this guide, we’ll dive in and help you understand the impact a short sale has on your credit. Let’s jump in… What is a Short Sale? First, let’s quickly go over what a short sale is. A short sale occurs when a homeowner is unable to pay his mortgage and obtains permission from his lender to sell the home for less than what…

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  2. 7 Proven Ways to Get Out Of Your Mortgage Legally

    get out of a mortgage

    While you may have every intention of honoring your mortgage and continue paying it in its entirety, sometimes life throws a wrench into the engine and you need to get out of your mortgage. Maybe you lost your job, you’ve become disabled, or market conditions change and you end up paying a mortgage worth more than your house. One thing is sure, deciding to get out from a mortgage is always super stressful. Therefore it’s always wise to be prepared in advance so you can make calm…

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