Who qualifies for a Short Sale?
Divorce Delinquency from a divorce or separation, such as a dispute over ownership.
Marriage Being left with 2 houses, one or both of which are under water.
Poor Health Extraordinary expenses as a result of you or a loved one becoming ill.
Loss of Job Reduction in income resulting from the loss of a job.
Foreclosure Notice Received Receipt of a legal notice or foreclosure date from your lienholder.
Deceased Client Or Co-Owner We work with Executors to obtain short sales.
Pay Reduction A reduction in income from a garnishment, change in job, loss of hours or commissions.
Relocation Incurring additional expenses due to moving a household to a new location.
Military Orders Military pay not being sufficient due to entering active duty status.
Increase in ExpensesHaving incurred excessive debts in a single instance or overtime.
Inability to Upgrade Property No money to improve property; as a result, value is below the amount owed.
Bankruptcy Many short sale clients are in Chapter 7 or Chapter 13 bankruptcy. We would obtain permission from the Trustee to work on the short sale.
Will You Qualify For A Short Sale?
In our experience, most people who find themselves unable to pay their mortgage are responsible, honest people who experience a life-changing event that is outside of their control.
In many cases, the event itself is difficult to endure. Most of our clients are successful people who are temporarily sidelined by the financial burden caused by these events. We help them find their way forward in a difficult time, with strict confidentiality and kindness
Use Our Short Sale Calculator
Use our Short Sale Calculator to find out if you will have enough money after the sale and closing of your home to pay off your mortgage. (This is an estimate only, but will give you a good idea if you are “upside down” in your mortgage and will benefit from a consultation.)