Unfortunately many Florida homes are valued less than what's owed to the lender. The decision to short sale your home or condo depends on many factors.

Most people are concerned and confused about the credit impact of a short sale, whether the lender will come after you for any deficiencies and if the lender will accept you (and your credit/assets) as a short sale.

These questions are somewhat easily answered. First, your credit will take “a hit” for about 4 years but far less t... [ Read More ]