Do you know how much upside down you are? Click here for your free Market Value
Do you have a hardship? Loss of income, medical, even a transfer or long commute may be a valid hardship.
Is your outlook to retain the property or try to get out if it?
The questions simply helps me to get an idea of what your situation is and how your chances of a short sale is.
The components of a successful short sale are quite simple
- You must not be able to meet the mortgage obligation (There is a good chance the property will go to foreclosure)
- There is a valid hardship (Reason you can't pay)
- A villing and able buyer
- And to make it a short sale, the property is worth less than what is owed on it Click here for your free Market Value
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