Do you owe more on your house
than what it’s worth?
A Short Sale may be an option for you. Simply put, a Short Sale is when you sell your house and the bank agrees to accept the current market value to pay off your mortgage (even if it’s less than what you owe).
You will need an Attorney that handles short sales to help you work with your bank to find out if they will accept a short sale. Typically, you will need to show financial hardship and owe more on your house than what it’s worth in order to pursue
The bank may also require a Comparative Market Analysis in order to help determine the value of the property.
Contact me today and I will provide you with a FREE Comparative Market Analysis.