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Friday, June 11, 2010

Fw: Will a Short Sale Save Your Credit?

John Rose
561-414-0012 phone
561-210-7111 fax
john@johnjrose.com


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From: "RISMedia's Real Estate Advisor" <newsletter@rismedia.com>
Date: Fri, 11 Jun 2010 09:49:43 -0700 (PDT)
To: <JOHN@JOHNJROSE.COM>
Subject: Will a Short Sale Save Your Credit?

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Friday, June 11, 2010 Powered By RealTown.com
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  Today's Top Story
Will a Short Sale Save Your Credit?
By Kara McGuire
RISMEDIA, June 11, 2010— (MCT)—Stuck in a house you can't afford or can't sell for more than you owe on it? Beware the Web, where you'll see plenty of claims that short sales will save your credit, simple as that. But there's nothing simple about deciding whether to sell your house in a foreclosure or in a short sale, which means you sell the property for less than you owe the bank. And in most cases, going through either process will wreck your credit score. Continued
  Today's Featured Stories
Foreclosure Activity Decreases 3 Percent in May 2010, According to RealtyTrac
RISMEDIA, June 11, 2010—RealtyTrac, a leading online marketplace for foreclosure properties, recently released its U.S. Foreclosure Market Report for May 2010, which shows that foreclosure filings—default notices, scheduled auctions and bank repossessions...
Continued
Money May be Tight, But Homeowners Still Investing in Great Outdoors
By Amy Hoak
RISMEDIA, June 11, 2010—(MCT)-Homeowners love their yards. They plant gardens, create cozy areas for entertaining, and install decorative elements that they're as happy to look at from the kitchen window as they are from their chaise lounge....
Continued
May 2010 Mid-Atlantic Region Sales Show Upward Trend
RISMEDIA, June 11, 2010—Metropolitan Regional Information Systems, Inc. (MRIS), a leading provider of real estate information technology and the largest multiple listing service in the nation , announced that the number of homes sold in the Mid-Atlantic region increased by 7%...
Continued
Today's Featured Listing: Spectacular Ocean-Front Home
RISMEDIA, June 11, 2010—This spectacular ocean-front elevated first floor condo in the gold coast section of Ocean City, ‘New Jersey's Finest Family Resort,’ is being listed by Top 5 Members Tony and Ginny Cannata with RE/MAX of Ocean City. The building is a duplex style and was built in 2002...
Continued
Builder and consumer adoption of sustainability is rapidly growing. Stand out, get specific, lead your community with NAR's Green Designation. Learn More

  Today's Home Spun Wisdom
Getaways: Make Family Vacations Top Priority
RISMEDIA, June 11, 2010—(MCT)—With summer upon us, it's time to plan a family vacation. Don't let financial stress or busy schedules get in the way of putting dates on the calendar. Consider these five points: Continued
  This Week's Training Session Offer
The Ultimate Real Estate Flyer Suite
RISMEDIA, June 11, 2010—This program covers every conceivable subject. Ultra easy to use, this high-tech software makes creating stunning flyers a breeze. You can either e-mail or print and mail. Not only are the flyers easy to personalize, but the end result is a first-class image that will impact clients and colleagues alike. Click here to learn more.
  More News Stories
DocuSign eSignature to Streamline and Accelerate Equity Residential's Lease Agreements RE/MAX Partners with Elk Software to Offer RE/MAX Edition
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