What is a short
sale?
A short sale is when you sell your home
for less than the value of the mortgage. The bank agrees
to take the lesser amount to avoid the expense of
foreclosure. If you can not qualify for a loan modification or refinance and you
are facing
foreclosure, then a shortsale might be the best option for you. Fill
in the form to the right or call 1-866-542-2647 for a free
consultation.
You must be vigilant in your negotiations with your lender.
It is best to get third party
representation from an experienced shortsale specialist that can
negotiate on your behalf.
The fee
collected by the short sale negotiator is paid by the buyer of the
property so it ussualy costs you
nothing.
The main benefit of a
shortsale is that it avoids foreclosure and does not damage
your credit. The loan is showed as "paid in full" on your
credit report. This is much better than a deed in leiu of
foreclosure which has the same effect as a foreclosure on your
credit report. This alternative can also help you avoid
bankruptcy.
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OUT THIS SHORT FORM FOR A
CONSULTATION
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