A short sale lets you sell your house for less than you owe, with your lender’s approval. It can be a better path than foreclosure for your credit and your future. Our licensed team handles the lender paperwork and negotiation from listing to closing.
How a short sale works
- We price the home based on today’s market and prepare the hardship package.
- We market the home and collect offers.
- The lender reviews and approves the sale, which can take weeks or months.
- At closing, the lender accepts the sale proceeds. Ask your lender in writing whether any remaining balance will be forgiven.
Talk to a tax professional about tax consequences, and an attorney about your situation. This is general information, not legal advice.