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SHORT SALE HELP
A Short Sale can be an excellent solution for homeowners who need to sell and who owe more on
their homes then they are worth. In the past, it was rare for a bank or lender to accept a Short Sale. Today, however, due to the overwhelming market changes banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in the corporate policy and the Obama administration have also improved the chances of getting a Short Sale approved.
The Official Definition Is:
A homeowner is 'short' when the amount owed on his/her property is higher than the current market value.
A Short Sale occurs when a negotiation is entered into with the homeowners 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.
For homeowners to qualify for Short Sale, they must fall into the following circumstances:
Call Me Direct for a
No Obligation Consultation.
** Listing and selling your property through a Short Sale is free! Your Lender pays ALL Closing Costs & Commissions! **
