Short Sale Q & A
Filed Under Blog · Tagged: short sale, upside down
What is a short sale?
A short sale is a program allowed by the lender that allows a homeowner to sell their home for less than the amount owed on the mortgage.
How can you be considered for a short sale?
You may be considered as eligible for a short sale if you have a hardship and can no longer afford the monthly payments on your home loan. Another scenario is if you your home is upside down or your loan is valued higher than the value of your home. To see if you can sell your home short call me.