Short Sale or Bankruptcy?

USA Real EstateStagnant real estate values in recent months in many areas across the country have homeowners everywhere continuing to feel anxious about homeownership, some are in a position in which they want or need to sell, while others may be in danger of losing their homes.

Listen, it’s quite possible the real estate market has hit its peak for 2012 and waiting for higher values is an exercise in futility ~ ignoring the situation will only make matters worse.

One viable option if you’re not able to wait indefinitely to sell, or if you’re facing foreclosure, is to go through the process of a short sale ~ if you’re facing financial hardship and just can’t seem to keep up, this may be your option to bankruptcy… eliminate your largest debt.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

See the Full Story at Echelon Magazine

Click here for gay realtors, mortgage lenders, and other real estate professionals.

If you have a gay real estate story that you’d like to share with us, contact us at [email protected]