Don't Let a Flagstaff Foreclosure Kill Your Credit

There are eleven different ways to avoid the devastating impact of having a foreclosure on your credit record. Some are better than others. One is a short sale. Yes, a short sale is better for you than a foreclosure! The key to avoiding the hit of foreclosure is to act early. If you are working in good-faith with a Certified Distressed Property Expert and have your home listed for sale, foreclosure may be forestalled.

Foreclosure is a process, not an event. It starts when you miss your first mortgage payment:

The best thing to do is get help before you have to miss that first payment. In this economy, especially with some of the loans that were made in the last few years, a minor financial issue can throw many people into foreclosure. Don't worry about it alone. Get help. Call me to make an appointment for a no-obligation counseling session to see what your alternatives are.

Ann Heitland at RE/MAX Peak Properties has completed the course of study to be a Certified Distressed Property Expert. Her decade of real estate experience and decades of negotiation and contract experience can help you in this tough real estate market. Contact Team Heitland at RE/MAX Peak Properties.