What is a Short Sale?

A short sale is the amount owed on a property that is greater than the actual value and for which the lender agrees to forgive the difference to avoid foreclosure.

In the past most home owners with financial difficulties whether form unexpected job loss as a result of a job loss or family emergency had no choice but to let the lender foreclose however there are other options.
Foreclosure is not the answer as it can severely impact your credit record for up to 10 years. With a short sale your credit report will read that the loan was ‘paid’ although that it was ‘settled for less than originally owed’. This is much more favorable than a foreclosure for your financial history.

We will list and market your property, negotiate a short sale with your lender, find a buyer, and ultimately move on to the next step in your life. Many people on the precipice of financial crisis tend to procrastinate until the situation reaches dire circumstances however the earlier you act the more likely you will have a beneficial outcome. There is a choice and we can help. We will help negotiate a short payoff arrangement with your lender.

We help owners who are on the brink or have no equity still walk away from the situation with their credit intact. It is a complicated process but we will stand by you during this difficult time and fight for your best interest.