July 12, 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 July 23 at 3 p.m. Homeowners may have the option of a short sale to avoid foreclosure. The property is sold for less than the outstanding mortgage and the lender will pay selling fees; it will not cost the borrower/seller anything. A short sale can save a homeowner's credit score and the lender may even pay moving expenses through the Home Affordable Foreclosure Alternatives, a federal program. Anyone, who is unable to maintain their mortgage commitment and 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 Saturday, July 23 3 - 4 p.m. Fukaya Room B Fremont Main Library 2450 Stevenson Boulevard, Fremont (800) 238-8388 ext 3