Traditional Short Sale
Call us
800 669 6650
800 669 6650 Mon-Fri 8 a.m. - 8 p.m. EasternHelp is available in English,
Spanish and many other languages
Is a short sale right for you?
If you're looking to settle your home loan debt and prevent foreclosure, you may want to consider a short sale – selling the property for less than you owe. This may also be an option if you already have a buyer but don’t yet have approval from the owner of your loan to pursue a short sale. Please call us to discuss your options. If you come to us with an offer without prior approval, we may be required to evaluate you for all programs, including a loan modification, before you can be eligible for a short sale.
Eligibility
You may be eligible if:
- You have been evaluated but do not qualify for a loan modification
- You're experiencing financial hardship, such as reduced income, medical expenses or divorce
- You owe more on your house than it's worth
- You can't afford your current mortgage payments
- You're unable to modify your current home loan, or don't wish to remain in your house due to other circumstances, such as a job relocation
- You don't have prior approval from us to pursue a short sale
- You've received an offer on the property
What if I'm not eligible or get declined?
If you're unable to sell your house through a short sale, your next option may be a deed in lieu of foreclosure.
Call us
800 669 6650
800 669 6650 Monday - Friday 8 a.m. - 8 p.m. EasternHelp is available in English, Spanish and many other languages