Redfin

MARCH 4, 2025

Foreclosure can damage your credit score, so you may want to consider a short sale if this is the case. However, your lender will need to agree to a short sale so its best to speak with them as soon as you can. If you have negative equity in your home due to missed payments, you may face foreclosure.

Equity 35

Equity Loans Seller concession Short sale 35

HomeLight

JULY 25, 2022

Age does not necessarily detract from your home’s worth, as long as quality materials and building practices were used and the home has been renovated or at least properly maintained. That can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification. Seller concessions (2%-6%).

Closing costs 110

Closing costs Short sale Equity Sales 110

HomeLight

JULY 25, 2022

Age does not necessarily detract from your home’s worth, as long as quality materials and building practices were used and the home has been renovated or at least properly maintained. Forgiven debt can include a short sale, foreclosure, deed in lieu of foreclosure, or loan modification. Seller concessions (2%-6%).

Closing costs 111

Closing costs Equity Short sale Agents 111