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.
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.