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What to expect from a short sale with PennyMac

Reblogger Bob "RealMan" Timm
Services for Real Estate Pros with Ward County Notary Services 607851

Although I had only been involved in two short sales in my career I think this is great information top pass on. I hope the students who are hear read and learn from this post. Short sales can be brutal even when you know what to expect. Thank you for this post.

Original content by Minna Reid

Short Sales with PennyMac are usually quite a breeze. PennyMac services a lot of government loans, mostly FHA and VA. If you owe more on your Pennymac loan than your home could sell for, a short sale can help you sell your home and get your excess mortgage debt forgiven.

For more info visit: https://myfloridahomesale.com/short-sales-with-pennymac/

Author Minna Reid is a Real Estate Broker specializing in short sales in FL and short sales in CT, since 2007.


 
VOICE OR TEXT 860.416.1255
 
 
Minna Reid is a  Florida and Connecticut licensed Real Estate Broker, and owner of Reid Real Estate Group. Minna's focus is foreclosure prevention, short sales, and probate sales. Since 2007, Minna has helped hundreds of home sellers and buyers move on to the next chapter of their lives and she has the expertise to get you through even your most complicated real estate transactions smoothly, from listing your property to closing the sale!
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Comments(3)

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Thomas Santore Lic Associate Real Estate Broker
Coldwell Banker Realty/Coldwell Banker Commercial NRT - Yorktown Heights, NY
Realtor®-ABR-Land, Residential & Commercial Sa

Helpful breakdown! Knowing a lender’s process ahead of time makes a huge difference—preparing a complete package and understanding timelines can save buyers and sellers a lot of stress.

Tom S

Mar 13, 2026 01:06 PM
Bob "RealMan" Timm

I was impressed with Minna's post Thomas Santore Lic Associate Real Estate Broker so I reblogged it. Thank you for letting me know it was a good one.

Mar 13, 2026 06:20 PM
John Pusa
Glendale, CA

Hello Bob "RealMan" Timm very valuable detailed post about what to expect from a short sale with a good source PennyMac.

Mar 13, 2026 01:26 PM
Bob "RealMan" Timm

When I did my two short sales I could have used more coaching John Pusa . I hope this helps others.

Mar 13, 2026 06:23 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Bob,

Great post to re-blog! Short sales can be brutal and I'll stay in my own lane thank you!

Mar 13, 2026 06:14 PM
Bob "RealMan" Timm

I'm surprised I made it through two Dorie Dillard Austin TX . They are indeed brutal.

Mar 13, 2026 06:27 PM