May 27, 2011 > Short sale vs foreclosure
Short sale vs foreclosure
Submitted By Elaine Wong-Bigel
The Rotary Club of Fremont, Union City and Newark is sponsoring a community housing-awareness seminar, Short Sale vs Foreclosure, on June 7 at 7 p.m.
Homeowners may have the option of a short sale to avoid foreclosure. The property is sold for less than the outstanding mortgage. The lender will pay selling fees and it will not cost the borrower/seller anything. A short sale can save the homeowner's credit score. The lender may even pay moving expenses through the Home Affordable Foreclosure Alternatives, a federal program.
Anyone unable to maintain their mortgage commitment, and who has not entered the foreclosure process, should find out more about available options. Do not lose your home to foreclosure.
Call 1-800-238-8388 ext 3 to register for the seminar. Space is limited to 30 attendees.
Short sale vs Foreclosure
Tuesday, June 7
7 - 8 p.m.
Fukaya Room B
Fremont Main Library
2450 Stevenson Blvd., Fremont
1-800-238-8388 ext 3