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What is a Short Sale?

Short Sale Registration

What is a Short Sale?

Short sale is for owners who can no longer afford to keep mortgage payments current and do not want to go through bankruptcy or foreclosure proceedings.

When lenders agree to do a short sale it means the lender is accepting less than total amount of loans due.

Banks hate to take over homes, especially in a declining market; this is why short sales are the best solution for people facing foreclosure.

Benefits of a Short Sale

  • Protect your credit. Foreclosure damages credit up to 7 years and bankruptcy up to 10 years.
  • Our Short Sale Service is FREE to you; the lender covers all the costs involved.
  • Controlling future costs. If your property is sold at an auction you may owe deficiencies and other expenses to the lender. Also if the lender forecloses on the property, you have no control of the price it will be sold at.

In short a Short Sale is a win-win solution for the home owner and the lender.

Cashoutoptions.com provides an array of solutions to distress property owners. Although short sale is a preferable and common solution, we also offer services such as Forbearance, Loan Modification, Deed in Lieu or other financial solutions

To Find Out If Short Sale Will Work For You

Due to many variables to a short sale we work case by case basis. We would like to speak with you about your situation and determine if a short sale is right for you.  Click here to fill out the short sale registration form so that we can contact you at your earliest convenience.

Please remember that our consultations are free of charge and there are no obligations.

 
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