Overview
If you want to sell your house but it’s worth less than the amount remaining on the mortgage, a short sale may allow you to sell your house and settle your mortgage debt.
By completing a short sale rather than allowing your house to go through foreclosure, you avoid eviction and your house will not be sold at a public sale or auction. Plus, depending on your circumstances, you could qualify for financial assistance to help with relocation costs.
To get started with a short sale, call us today at 1.866.880.1232.
I’m considering a short sale and I haven’t received an offer yet
There are some significant advantages to contacting us before you begin a short sale. We'll work with you to determine an appropriate selling price and start pursuing any necessary approvals.
Home Affordable Foreclosure Alternatives (HAFA)
By selling your house in a HAFA short sale, as opposed to the traditional short sale process, you get a number of benefits.
- $3,000 for relocation assistance
- foreclosure process is temporarily halted
- deficiency waiver
definition: We waive the right to collect the difference between what you owe on the mortgage and the amount resulting from the sale of the home.
I’ve received an offer on my house, but don’t yet have approval to pursue a short sale
If you’ve received an offer on your house, and you’re not already participating in one of our short sale programs, you will follow the traditional short sale process.
Traditional Short Sale Process
By selling your house in a short sale rather than going through foreclosure:
- you will avoid eviction
- your house will not be sold at a public sale or auction
