Resources
Selling a home is a busy and stressful time. Selling a home while experiencing a hardship and not being able to make your monthly mortgage payments can be emotionally exhausting and draining. We understand what you are going through and understand the complexities of selling your house ‘short’ of your loan balance. Whether you are experiencing a hardship due to a change in your personal financial situation, a job loss, medical bills, divorce, or another difficulty, we can help you make sense of the short sale process.
If you find yourself asking “What do I do if my house is worth less then my home loans?” or “How do I sell my house if I can no longer make my payments?”, we may be able to help.
We have put together a comprehensive list of resources going over the process, short sale nuances as well as a very thorough list of Frequently Asked Questions that goes over most questions you may have about short sales.
A quick guide explaining what the short sale process is, qualifications for a short sale, your responsibilities as a seller, necessary financial paperwork and the lender’s process.
A comprehensive Frequently Asked Questions guide summarizing the basics as well as in-depth short sale questions. If you are limited on time, this would be the resource to read.
An effective Hardship Letter is so important that we put together a separate resource focusing on composing an effective letter that will increase your odds of getting your sale approved.
If you have more then one loan on your home such as a home equity line of credit or another type of credit, the short sale process gets more complex. Find out the details on what can be done here.
If your home loan has Private Mortgage Insurance, or PMI (it is usually part of o your monthly payment), getting your short sale approved may be more challenging. Read more here.
While every short sale is different, sometimes short sales fail. Find out the most common reasons a short sale can be unsuccessful as well as what, if anything, can be done in each scenario.
Request a Free, No Obligation, Confidential Consultation.
Please fill out the form below and we will contact you shortly or alternatively call us at (216) 270-7488
Request a Free, No Obligation, Confidential Consultation.
Please fill out the form below and we will contact you shortly or alternatively call us at (216) 270-7488