What is a Short Sale ?

A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's Loss mitigation department. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender in full satisfaction of the debt.

 

Now is the time to take advantage of Short Sales.

The Properties industry is at an all time low with regards to property prices, and now is defenitely the time to take the advantage for investors to purchase homes and apartments for under the cost prices. The number of short sale properties are on the rise like never before, and hundreds of prime location properties are available now.

 

We will help you find the best property for you.

Our High expertise staff will help you find the property that best suits your needs, and the needs of your family according to your preferred location. We offer a personalized service with each of our clients so that he or she may find the best priced, and the most suiting property according to lifestyle, work driving distance, and other client criteria.

 

How much is our Short Sale Processing fee ?

We charge $295.00 for our Short Sale Processing Fee. (1% of the sale price. - Lender pays at Closing)

 

 



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