“The Worst Decision to Make is To Do Nothing at All!”
“It’s Never Too Late!”
Have You Experienced:
• Reduced Income or Unemployment?
• Behind on Your Mortgage Payments?
• Severe Illness or Medical Bills?
• Too Much Debt / Bills?
• Divorce / Separation?
IF ANY OF THE ABOVE APPLIES, WE CAN HELP!
What is a Short Sale?
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than what it is worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions and have also improved the chances of getting a short sale approved.
But to be technical, here’s a more official definition:
*A homeowner is ‘short’ when the amount owed on his/her property is higher than current market value.
*A short sale occurs when a negotiation is entered into with the homeowner’s mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then ‘sold short’ of the total value of the mortgage.
This seems simple enough, but it is a complicated process that takes the expertise of experienced professionals.
Fill out the form for a FREE CONSULTATION. Together, we can identify all possible options and, when possible, assist you in the quick execution of a short sale transaction.