Don’t let foreclosure define your next steps. Consider a short sale – a smart alternative that lets you sell your home for less than what you owe, protecting your credit and moving forward with dignity.

What is a short sale?

It’s when you sell your property for less than the outstanding mortgage balance, with your lender’s approval. Instead of foreclosure’s harsh impact, a short sale offers a path to:

• Protect your credit score: Foreclosure can leave a lasting scar, while a short sale generally has a lesser impact.
• Avoid deficiency judgments: In some cases, lenders can sue for the remaining debt after foreclosure. Short sales minimize this risk.
• Move on with peace of mind: Escape the stress and emotional toll of foreclosure and get a fresh start.
• Shorten the wait to your next home: After a foreclosure, buying a new home might feel like a distant dream. But, opting for a short sale instead of foreclosure generally means you’ll face a shorter wait to purchase another home. This is because your credit takes a smaller hit, letting you rebuild it quicker. Aim for a credit score of 650 for smooth sailing towards your next house.

What to expect during the process:

• Pre-qualify: Assess your financial situation and determine if a short sale is the right solution. We’ll be here to guide you every step of the way.
• Get your ducks in a row: Gather financial documents and prepare your home for market analysis that determines the market value of the home.
• Find the Right Buyer, at the Right Price: We’ll help you find a qualified realtor and navigate the marketing and sales process.
• Negotiate with your lender: Our experienced team will present a compelling case to secure lender approval for your short sale.
• Close the deal: Once a buyer is found and the lender approves, we’ll ensure a smooth closing for your peace of mind.

Reasons to choose short sale:

• Reduced financial strain: Stop falling behind on mortgage payments and free up cash flow for other necessities.
• Preserve your creditworthiness: Your credit score might take a hit, but not as significantly as foreclosure.
• Limited Equity: In most cases, significant home equity allows for a traditional sale. However, prolonged delinquency can lead to negative equity due to late fees, legal costs, and accrued interest. In such scenarios, a short sale may be the most viable option.
• Mortgage Debt Only: A short sale provides relief if the only issue is the mortgage debt. For additional debts, explore Chapter 7 or 13 bankruptcy for comprehensive restructuring.
• Choose how and when to move: With a short sale, you often have more control over the timing and process of selling your home compared to foreclosure.

Ready to explore your options?

Don’t wait for foreclosure to hit. Contact us today and let our experienced team guide you through the short sale process. We’ll help you navigate this situation with clarity, confidence, and the best possible outcome for your financial future.

Remember, a short sale isn’t about giving up, it’s about making a smart and strategic move for your financial health.