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short sale qualifications: Do I qualify for a short sale? - 05/21/10 02:18 AM
Many homeowners are not sure what the qualifications are for a short sale. Here it is in just a few words!
The qualifications for a short sale include any or all of the following:
Financial Hardship - There is a situation causing you to have trouble affording your mortgage. (loss of a spouse through divorce or death resulting in loss of income, loss of job, medical bills... ) Monthly Income Shortfall - In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage. … (0 comments)

 
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Meli Gerogianis, CRS, ABR, SFR, CDPE Licensed in TN and KY

Clarksville, TN

More about me…

Keller Williams Realty

Address: 2271 Wilma Rudolph Blvd, Clarksville, TN, 37040

Office Phone: (931) 648-8500

Cell Phone: (931) 378-9601

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