What is a Short Sale?

A short sale occurs when the lender will agree to allow the sale of the home for less than is owed on the mortgage. In many instances, the lender will forgive or reduce the deficiency balance owed. The homeowner must demonstrate a financial hardship and the sale must be at or near current fair market value.

For more information regarding Short Sales please use the contact form below.

US telephone number format, ex. 555-555-5555.