What is a Short Sale?
short sale [shawrt seyl] noun – Any sale of real estate that generates proceeds that are less than the amount owed on the property. A real estate short sale occurs when the lender and borrower decide that selling the property and absorbing a moderate loss is preferable to having the borrower default on the loan. It is therefore an alternative to foreclosure.
Learn about your options.
Today’s homeowners have a lot to fear. Budgets are tight and it doesn’t take much before “barely getting by” tips into avoiding collector’s phone calls, sleepless nights and falling further behind. You do not have to lose your home to foreclosure! Arm yourself with information about your options with our free reports.
Want to sell your home?
Are you ready to sell your home but don’t know where to start? Fill out the form below to get in touch with us or click here to get a free Competitive Market Analysis.
Government Assistance
There are a number of government programs available to provide you with solutions. See which program matches your situation best, and then take the survey to see if you are eligible.
Home Affordable Foreclosure Alternatives (HAFA)
Is your mortgage currently unaffordable, or will it be in the near future? Even with adjusted payment plans?
Home Affordable Modification Program (HAMP)
Are you struggling to make mortgage payments? Could lowered mortgage interest rates possibly make your mortgage affordable?
Home Affordable Refinance Program (HARP)
Are you making your mortgage payments on time? Still trying to refinance your mortgage to a more affordable level?
Second Lien Modification Program (2MP)
Has your first mortgage been modified under HAMP? Are you still struggling with payments due to a second lien?
