credit repair phoenix

How bad is foreclosure really?

We bought the home as a fixer-upper when the market was the control of Phoenix three years ago. After thousands in repairs and hundreds of hours of "elbow grease" it's a nice little house, unfortunately, now worth 40000-50000 less than we owe to him. Recently Pipes were broken causing damage to walls and floors and we are tired! Our credit score is in the middle of the 700's, with NEVER a late payment, but we are seriously considered just walking! For a couple in their fifties Foreclosure is really all that critical?

Selling your home will help foreclosure on your property, but it can cost you your home. Choose to help a qualified real estate lawyer or agent to you to sell your home, to regain control over you finances. If you should owe more than your home is worth, consider a short sale. This option will affect your credit score, but it's not as bad as all to lose on a foreclosure. The choice of this option would mean talking to a lender about your finances. This option is a quick-fix approach.

TLC Credit Restoration – Phoenix Arizona