SHORT SALE

WHAT IS A SHORT SALE?

A short sale is a real estate transaction in which the lienholder of a distressed property, agrees to accept from the property owner "short" of what is owed on the property.

In order for a short sale to occur and be successful, it must be initiated by the property owner (seller), all required documentation must be submitted correctly and promptly, most importantly the short sale must be approved by all lien holders.

WHAT YOU CAN DO

Have you fallen behind on your mortgage payments? Are you facing foreclosure? Don't wait to get help! If you have applied for a forbearance plan or a loan modification and you did not qualify, a short sale may be the best option for you to sell your home and permanent get out of debt.

benefits of a short sale

* There is no charge to the property owner to sell their home.

* You can avoid foreclosure.

* The homeowner can purchase in as little as 2 years

* You may qualify for relocation assistance

* A short sale is less damaging to the homeowner's credit than a foreclosure.

To Initiate a short sale

If you are ready to initiate the short sale process, don't wait, act now. We are available to answer all your questions and to assist you through the entire process from beginning to end.