How Do I Benefit From a Short Sale?
First and foremost, it relieves the stress of being in foreclosure and being hounded by your mortgage lender; and it allows you to get rid of your big mortgage payment and move on with your life. A short sale allows you to stop the foreclosure and get a fresh start. In my experience, this is the primary benefit to homeowners. They are tremendously thankful to just relieve the burden that their home and mortgage have become.