Featured Property

  • 150 Montana Ranch Trail
    Gallatin Gateway, MT
    $700,000
    4 beds | 3 baths
  • 1002 Low Line Spur Road
    Belgrade, MT
    $233,000
    3 beds | 2 baths
  • 12607 Mountain Top Road
    Three Forks, MT
    $230,000
    2 beds | 3 baths
  • 236 Holland Lane
    Bozeman, MT
    $425,000
    4 beds | 3 baths
  • 815 Golden West Drive
    Belgrade, MT
    $130,000
    3 beds | 2 baths
  • 59 Potter Lane
    Belgrade, MT
    $200,000
    3 beds | 2 baths
  • 1106 Louisiana Street
    Belgrade, MT
    $249,900
    3 beds | 2 baths
  • 912 Golden West Drive
    Belgrade, MT
    $205,000
    3 beds | 2 baths
  • Lot 2 Block 8
    Belgrade, MT
    $72,000
  • Lot 9 Block 1 Coral
    Belgrade, MT
    $72,000
  • 1123 Wyoming Street
    Belgrade, MT
    $224,000
    4 beds | 3 baths
  • 215 N Kennedy Street
    Belgrade, MT
    $225,000
    3 beds | 3 baths
  • 400 N Broadway Street
    Belgrade, MT
    $225,000
    4 beds | 2 baths

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Short Sale VS. Foreclosure

 

- A short sale will affect your credit approximately by 100 points. A foreclosure will affect your credit at least by 200 or more points.

- Some employers are rejecting applicants for job positions if there is a foreclosure on a credit report.

- Credit can be re-established and one can even buy a home with in 1 year from a short sale date with a good down payment.

- A foreclosure will put a person out of the playing field for any new loans for about 5 years.

- A home owner can live in the property while the home is in short sale status and pending bank approval without paying a mortgage or rent.

- The Mortgage Forgiveness Debt Relief Act of 2007 gives a break to the taxpayer on the debt forgiven for a loan secured by a qualified principal residence. To find our more go to www.IRS.gov.

- Some banks are offering a cash incentive for sellers to do a short sale.