Short Sale FAQ’s

When I talk about my success rate, it means the ratio of short sale listings I have taken, to the amount of short sale that have sold before a foreclosure occurred. It is important to understand, that I do NOT take every short sale listing I am presented with. I first screen people to make …

In most distressed mortgage situations, foreclosure is a last resort for all parties involved. The homeowner and the lender usually want to avoid foreclosure at all costs. That is why a short sale is advantageous to foreclosure and lenders are typically very motivated to pursue a short sale prior to foreclosure.

A short sale gives the …

Immediately, foreclosure and short sale situations tend to be extremely time sensitive and consuming for negotiations. The sooner we can begin the negotiations with your lender, the greater the chances of a successful resolution. There is no need to wait until the lender sends you a notice of default or initiates formal foreclosure proceedings against …

In order to be eligible for a short sale and have us represent you we must be able to prove to the lender that you are a victim of a “hardship” and therefore unable to continue making payments on your mortgage. A hardship situation is one that is the result of some extenuating circumstance that …