About
Short Sale
What is a Short Sale?
A short sale is a sale in which a mortgage holder agrees to accept less than what is owed on the existing mortgage.
For instance, you owe $500,000 on your mortgage, but the value of the house is $400,000, leading to negative $100,000 in equity.
Confused about the negative equity? Don't lose your house to foreclosure! We can guide you through the short sale process.
You May Be Asking...
- Am I financially underwater?
- Do I owe more than my mortgage?
- Do I want to save my credit?
Don't Lose Your Home!
We've assisted numerous property owners in various situations. Contact us to explore your options and let us help you!
Contact us now!Want to learn more?
Schedule a meeting with us so we can provide you with all of the information you would like!
Schedule a Meeting!Why would a bank accept less money?
Lenders aim to avoid non-performing loans on their records. Accepting a short sale allows them to evade a prolonged and costly foreclosure procedure, especially with sellers who can't bridge the deficit.
Benefits to Homeowners:
- Terminate persistent collection calls.
- Gain peace of mind and alleviate uncertainty.
- Avert a foreclosure on your record.
- Preserve your credit rating.
- Provide your family with solace and revert to normalcy.
The Bottom Line
If you feel trapped and are uncertain about escaping your financial predicament, allow us to assist. We can negotiate with the bank on your behalf and help protect your credit!
Contact us now