Posted on: 27th Feb, 2008 11:32 pm
When a lender offers this option what does this mean? Thanks,
p.s Im new to this forum and have found it to be so helpful! Thanks to all for your comments
p.s Im new to this forum and have found it to be so helpful! Thanks to all for your comments
Hi flower,
Welcome to forum.
James is right. Pre-foreclosure sale means you can sell the property and pay off the lender before the foreclosure occurs. It will help you to avoid the negative effect on your credit report.
Feel free to ask if you have any further questions.
Best of luck,
Larry
Welcome to forum.
James is right. Pre-foreclosure sale means you can sell the property and pay off the lender before the foreclosure occurs. It will help you to avoid the negative effect on your credit report.
Feel free to ask if you have any further questions.
Best of luck,
Larry