A “Short Sale” is when the sale price of a home/property does not produce sufficient funds to pay off the existing loan balances and other encumbrances against the property after the costs of sale have been subtracted. 

A Short Sale will require the consent of the Seller’s creditors in order for the sale to close. This is because the Seller’s creditors will have to agree to accept less than the outstanding amount of Seller’s debt that is owed to the creditors.  In order to secure the creditors approval demonstration of a financial hardship is required. (Seller’s creditors are third parties who have an interest in the property in the form of a deed of trust, some other security, or a lien.)

Part of the Short Sale Specialists job is to negotiate the sale with your lender and buyer, leaving you no out of pocket expenses.  The lender and buyer end up absorbing or paying all expenses including real estate fees and taxes leaving you the seller to pay absolutely nothing.


Get more information to start your Short Sale by calling us toll free at: 866-612-8975 or fill in the confidential form below.