Short Sale Information

What exactly is a short sale?

A short sale is when you owe the bank, or banks, more money than your home is worth.  That is the simplest explanation.   There are more people in this boat than you can imagine.  You are not the only one.  Compounding this issue is the lack of cooperation from banks holding these mortgages. Our experience has been that the banks are talking a good talk, but they are passively aggressively making a short sale more difficult than it needs to be.  I guess we should add a caveat that not all banks are this difficult to work with, just a larger number than there should be.  However, there are successful short sales and people who choose the short sale path over a foreclosure are finding that they can purchase sooner than they think.

If you are thinking about a short sale or a foreclosure, contact us and we will give you the information you need to make an informed decision.  It is always better to take charge of your own destiny.  We know when you are frustrated it seems easier to just let events take their course, but there is a better way.  Complete this form and let us see how we can help you in these challenging times.

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