What is a Short Sale?
A short sale occurs when a lender agrees to accept less than what the property owner/mortgagee owes on their mortgage.
- If you bought your house in 2004 with a loan for $300,000
- Then you sell the house in 2010 for $200,000
- You short sold your house and the bank writes off the $100,000 difference
The market is greatly affected by the rebound from the housing bubble of 2004-2006, and many people are upside-down in their houses. On top of that their loans are adjusting and their payments continue to increase. It feels like they are drowning in their houses.
If this sounds like you… you are not alone. We are helping people everyday get clear information on what their options are, and how they can get out of their heavy mortgages.
Don't wait, it's time. Call us now to find out what you can do.
Don't pay someone to tell you what we can tell you for FREE. There is no charge for the consultation and no charge for the short sale services. There is no reason not to make the call to find out what we can do for you.