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What is a Short Sale?

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What is a Short Sale?

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A short sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property. A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. For the home owner, the advantages include avoidance of having a foreclosure on their credit history. In short, a short sale is nothing more than negotiating with lien holders a payoff for less than what they is owed.

It is estimated by the U.S. government that by years end of 2010, over 50% of home owners who have a mortgage on their home will owe more than the value.  While loan modifications can offer short term solutions,  unfortunately nearly all of these home owners will be unable to qualify for any debt forgiveness.

Many home owners are delaying the inevitable, cashing out hard earned retirement accounts, using credit cards to pay bills and borrowing money from family members to try and keep their heads above water.  True financial relief from a short sale is all most homeowners in hardship need. We are a nationwide company that only specializes in short sales.

  • Our company will work to get you forgiven of your debt 100%, regardless of what you owe on your home  
  • You do NOT always have to be in default to work a short sale on your home
  • We are NOT here to attempt to "steal" your house, while robbing your lenders
  • We will connect you with an experienced short sale specialist to negotiate the short sale with your lenders.
  • We will guide you through the entire process and answer any questions you have along the way
  • Reps for our company must agree to very strict ethical guidelines, far above the industry standards 
  • A short sale done properly may stop the foreclosure of your home
  • Our services are ALWAYS 100% free for you, your lender pays ALL fees and closing costs, period

Not all Short Sale Companies are created equal.  Choose an experienced nationwide company that can get the job done! Remember, our services are always FREE for you!

Do you qualify for a short sale? Give us a call to find out!

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