Posted on: 24th Aug, 2009 06:49 pm
Hi,
which would look better on my credit and short sale or deed in lieu
thanks
Laura smith
which would look better on my credit and short sale or deed in lieu
thanks
Laura smith
Laurajane
Welcoem to the forum
If you are current on yoru payment then short sale. If you are late, then deed in lieu
Good luck and feel free to ask
Welcoem to the forum
If you are current on yoru payment then short sale. If you are late, then deed in lieu
Good luck and feel free to ask
Hi,
I think it depends on what are your priorities.If you want to keep the house then DIL will do ,but if you want to leave the home and find a new one then shortsell is advised (you need to have a good sum of amount to pay the difference), In idealistic view both are not advisable because you really suffer in both the cases financially as well as creditwise.
What do you think and what are your decisions about it.? let us know the feedback.
I think it depends on what are your priorities.If you want to keep the house then DIL will do ,but if you want to leave the home and find a new one then shortsell is advised (you need to have a good sum of amount to pay the difference), In idealistic view both are not advisable because you really suffer in both the cases financially as well as creditwise.
What do you think and what are your decisions about it.? let us know the feedback.