Get Started on a Short Sale

How can I get started?
Getting started is easy! Contact us today to sell your house. Do not wait. The short sale process can be long and you don't want to run out of time before the foreclosure auction. We will review your information, determine if you are a good candidate for a short sale, and contact you with the appropriate paperwork. Remember, once you return the paperwork to us, it can be 30-60 days for a short sale to get approved. Fill out and return the paperwork as quickly as possible for your best chance at approval.

Are short sales guaranteed to work?
No. All the criteria MUST be met for a bank to even consider a short sale. They do not like to take a loss on a loan. Then the bank must be convinced to discount the mortgage enough to make it viable for an investor to make a profit for his work and risk. The discount must cover all repair costs, closing costs, broker commissions, taxes and still allow for a profit for the investor. In some cases, we do all the paperwork and wait several weeks only to be denied. In those cases, you continue to own and live in the house if you choose. If the lender does not approve the short sale, we have no rights at all to the property and no transaction occurs. The purchase agreement we have signed becomes void.

What if a bank doesn’t accept the short sale?
Again, if the bank doesn’t accept the short sale offer, there is no transaction and the home is still owned by you and the foreclosure process continues. We have no rights to the property and you do not owe us anything.
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