Thinking of Selling Your Home On a Short Sale?

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the current debtor. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrower. (www.wikipedia.org)

Short Sales can be a VERY VERY cumbersome process.  It's best to hire a professional to help.  BEWARE - short sales are not governed by any laws.  Therefore there are MANY MANY shady companies out there looking to rob both the seller and lender.  For a reputable company check these guys out! (see Video)

Is there an alternative to foreclosure? Yes there is! This video will explain what a Short Sale is, the documentation needed, and the step by step process.

Here are two companies that can help you with short sales.  Both companies do business very different ways so do your home work!

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Deven Short Sale Solutions 

1-800-272-4661