Some helpful information when considering the ramifications of a short sale on your credit

Hi this is Kerri from the Bay Area Short Sale Angels. The :k1: #1 short sale team. We have been finding a lot of people recently who do not seemed to be concerned about keeping their credit score intact after a short sale. Even if you plan to make most of your purchases with cash after completing a short sale or foreclosure there are many unplanned events in life that may require you to have reputable credit. For instance, if your car were to break down and you did not have the cash to buy a new one you would need a car loan. If you walk away from your property and ruin your credit no bank will be willing to give you a loan for a new car. By walking away or foreclosing on your property you are not honoring the contract you signed and this could hurt you when applying for…

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The Benefit of a VA Loan Combined with the Right Price on a Short Sale Property

Hi this is Kerri from the Bay Area Short Sale Angels, :k1: #1 Short Sale Team. I have noticed of late there are a lot more VA buyers out there. A VA loan is designed for people who have served our country in the armed forces and it requires zero money down and is a government run program. Recently we have had a few of our short sales get sold to those with VA loans and the process was very easy. The negotiators that we have been working with may just be doing their part to say thank you to those VA loan recipients by offering credits for closing costs and providing an overall smoother process. For me personally as a short sale agent it also feels good to give back to those individuals that have served our country and see them become home owners. It is truly a win win scenario as…

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