The Difference Between a Short Sale and a Foreclosure...
The foreclosure process begins when a borrower/owner defaults on mortgage payments and the lender repossesses the estate to recover the amount owed on the defaulted loan. Foreclosure is the termination of all rights of the homeowner covered by a mortgage and the estate becomes the absolute property of the lender.
For homeowners who can no longer afford to keep mortgage payments current, short sales are an alternative to foreclosure proceedings. When lenders agree to do a short sale in real estate, it means the lender is willing to allow the sale of the estate for less than the total amount due on the loan.
Contact Phillips Realtyto get a free report on the alternatives available to you to avoid the financial freefall that comes with foreclosure. As a Certified Distressed Properties Expert (CDPE), I can provide you with information describing several opportunities available to homeowners that may lessen the negative financial impact of foreclosure and to find the best solution for your unique situation.
Georgetown Contact Phillips Realty about Georgetown. Mere miles and whole worlds from amusement parks, high-rises, theatres, and sprawling shopping malls, the historic city of Georgetown rises in antebellum grace. Established in 1732, Georgetown is South Carolina's third oldest city. The oak-lined aven...
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Surfside Beach Club
Surfside Area | Surfside Triangle 544 To Glenns Bay
Contact Phillips Realty about Surfside Beach Club
. Surfside Beach is located on the Atlantic Ocean just four miles south of Myrtle Beach. With two miles of unspoiled beach, excellent service, and temperate climates, Surfside Beach is a popular place to vacation, relocate, and retire.
Myrtle Beach Area | South Of 544 and West Of 17 Bypass M.I. Horry County
Contact Phillips Realty about Chapel Ridge. One half acre homesites located behind St. James High School, one of the finest school districts in Horry County. Homesites from $65,000. Homes from the $190s....