Short Sale

What is a Short Sale?

A short sale occurs when a property sells for less than the balance owed on the mortgage.  The mortgage lender must approve and allow a short sale to take place, and therefore the short sale process has a lot of "red tape" to it.  The benefits are worth the hassle though, and we specialize in handling all the red tape for you.

8 out of 10 times, a short sale is the missing puzzle piece to straightening out your current financial situation.  It may seem overwhelming that short sales are such a "one size fits most" option, but our experience shows us this time and time again.

• A short sale is the only way to get rid of your mortgage debt and still maintain a high credit score.
• A short sale approval may be the only way that you could get cash at closing, due to the HAFA program.
• The right short sale approval letter (and a short sale team who knows what they're doing) is the key to making sure that your lender can't come after you later seeking a deficiency judgment claim against you.
• A short sale doesn't cost you anything.

There's a chance that a short sale isn't the right option for you; every situation is different.  Perhaps you would be better off with a loan modification or deed-in-lieu of foreclosure, but in most cases, a short sale will be the key.  Contact us to discuss your options and let us help guide you in the right direction.