The Basics of a Short Sale

THE BASICS  A SHORT SALE:

Banks grant short sales for 2 reasons: the seller has a hardship, and the seller owes more on the mortgage than the home is worth.

A few examples of hardship are:

Unemployment/Reduced Income

Divorce

Medical Emergency

Job transfer out of town

Bankruptcy

Death

If this is the situation you find yourself in, please do not hesitate to contact me for more information on the Short Sale process. It is not a process to be afraid of, but it is important to hire a Real Estate professional who is familiar with the process.

All information is private and confidential.

Dianne Sommers

Realtor Associate/Market Consultant