There is still confusion today over the difference between Gulf Shores short sales and foreclosures, so we wanted to hit the highlights of each in this short real estate minute video.
Both Gulf Shores short sales and Gulf Shores foreclosures will negatively impact your credit and ability to buy another home, but going the short sale route may give you a better chance of buying another home in a shorter period of time as opposed to allowing your lender to foreclose on your home.
We have other articles and tips pertaining to Gulf Shores short sales and foreclosures by clicking on the Gulf Shores Mortgage Info link to your right under Gulf Shores Real Estate Categories.