Short Sale

Foreclosure or Short Sale?

We get that life can throw curve balls and bring the toughest times. If you are having trouble paying off your mortgage and cannot refinance it may seem as if your only option is a foreclosure. We are here to tell you that a foreclosure is not the only option. We help our clients get through tough time by offering alternative solutions. Contact us to find out if a short sale may be the best option for you.

What is a short sale?

A short sale happens when the homeowner sells the home for less than they are owed, in which the lender does not get all of it’s money back. The lender has the right to keep possession of the property until the debt that is owed is discharged.