The Power of a Short Sale in Foreclosure – sensitivestrategist.com

The Power of a Short Sale in Foreclosure

What Is a Short Sale?

A short sale happens when your mortgage lender agrees to let you sell the home for less than what you owe — and forgives the difference.

It’s not a scam or failure. It’s a smart tool used by thousands of homeowners in financial distress.

How to Qualify?

The home’s value is less than what you owe
You have a financial hardship (job loss, divorce, medical)
You’re unable to keep up with payments

Why It’s Powerful?

Stops foreclosure permanently
Technically a Short Sale could be done up until the time of Foreclosure Auction. It’s important to start the Short Sale much sooner so you have time for the approval process to be completed before the auction date. Otherwise you may be forced to file a bankruptcy to stop the foreclosure auction.
Often has less credit damage than a foreclosure
You may still receive relocation cash (“cash for keys”)

Our Role

We handle every step: from submitting the short sale package to negotiating with your lender and closing with no fees or repairs.

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Disclaimer:

The information on this website is for general informational purposes only. We are not attorneys, and nothing on this site should be considered legal, financial, or tax advice. Every homeowner’s situation is different. Always consult with a licensed attorney before making any decisions regarding foreclosure or your property. If needed, we’re happy to refer you to one who may offer a free consultation.

Disclaimer:

The information on this website is for general informational purposes only. We are not attorneys, and nothing on this site should be considered legal, financial, or tax advice. Every homeowner’s situation is different. Always consult with a licensed attorney before making any decisions regarding foreclosure or your property. If needed, we’re happy to refer you to one who may offer a free consultation.

Quick Links

Get In Touch

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