Short sales- Selling for less than is owed on a property.

Commonly occurs when a home owner can no longer afford to make the payments or it is inevitable that a default will occur.

Short sales are long processes typically with investors, lenders, home owners associations, 2nd mortgages all approving the sale of the property and settlement of EVERY lien on the property.

If you are headed towards default on your mortgage or received a notice from your lender that foreclosure has begun  DON’T PANIC!  It takes months sometimes a year before the bank actually takes the property.

We can help or guide you in the right direction.  With the new federal laws bankruptcy is not the answer in most cases.

502-296-2979