Mortgage Loan Process Flow Chart: Short Sale vs Foreclosure

Real estate infographic titled "Short Sale vs Foreclosure". Archetype: MORTGAGE FLOWCHART. Editorial real-estate magazine illustration for an agent client handout, warm hand-illustrated style, trust navy & cream palette, clean professional layout, approachable and trustworthy tone. Create a side-by-side comparison flowchart showing 2 paths from homeowner financial distress to property transfer outcome: Short Sale path vs Foreclosure path. Include 6 numbered stages, each with a short heading in English, a time estimate, an illustrative cost example in EUR labeled as example, and a small property or document icon. Stage 1: "Missed Payments" — time estimate "1-3 months" — cost example "€1,200 example" — icon: overdue mortgage document. Stage 2: "Lender Review" — time estimate "2-6 weeks" — cost example "€350 example" — icon: checklist and file. Stage 3: left branch "Short Sale Approval" — time estimate "1-3 months" — cost example "€2,500 example" — icon: signed sale document and house; right branch "Default Notice" — time estimate "2-8 weeks" — cost example "€1,800 example" — icon: warning notice document. Stage 4: left branch "Buyer Offer Accepted" — time estimate "2-6 weeks" — cost example "€4,000 example" — icon: handshake and property file; right branch "Auction Scheduling" — time estimate "1-2 months" — cost example "€3,500 example" — icon: gavel and house. Stage 5: left branch "Closing" — time estimate "2-4 weeks" — cost example "€6,000 example" — icon: keys and closing folder; right branch "Property Repossessed" — time estimate "1-4 weeks" — cost example "€5,000 example" — icon: bank building silhouette avoided, use generic institution document and house. Stage 6: "Credit Impact & Next Steps" — time estimate "months to years" — left side cost example "€0 example relocation support" — right side cost example "€0 example" — icon: credit report and roadmap. Add a small comparison legend panel with English-only labels such as "Timeline", "Seller Involvement", "Credit Impact", and "Property Outcome" using generic visual indicators, but keep text concise. Use arrows, branching process lines, and subtle document/house icons to visually align with mortgage loan process flow chart search intent, while keeping the actual on-image text focused on short sale vs foreclosure. No real bank, brokerage, or lender logos. No watermarks. All text MUST be written in English (array). Every heading, label, caption, legend and metric name in the image must be in English — not English. Spell each English word correctly using English characters and diacritics. Numbers stay as digits, illustrative numbers labeled "example", no specific real-bank or brokerage logos, no watermarks No real bank / brokerage / lender logos. Illustrative numbers labeled as example. No specific listing prices or city-specific guarantees.