How to Keep Your Home and Avoid Foreclosure!

Short Sale Help

What is a mortgage default?
A mortgage is considered to be in default when one or more monthly payments have been missed.

What solutions are available if I am in default on my mortgage payments?
You may qualify for a broad range of help. Some solutions are:

  • Short Sale/Payoff
  • Forbearance Agreement

  • Loan Modification
  • Deed in Lieu of Foreclosure


    • What is a Short Sale/Payoff?
    Short Sales occur when borrowers sell their properties for amounts that are less than the amounts owed to the lender.

    How do I qualify for assistance?
    Borrowers need to prove that they are experiencing a substantial financial hardship.

    What is a "Hardship"?
    A hardship is a situation that has a life changing effect for the borrower that results in an in-ability to pay the mortgage debt in either, short or long term. Some examples are:
  • Separation or Divorce

  • Medical Bills
  • Inability to work due to health reasons

  • Death of Spouse

  • Job Relocation

  • Reduced Income or Unemployment

  • Business Failure


    • How do I apply for help?
    Contact us and let us consult with you about the best option available.

    How do I qualify for a Short Sale?
    A borrower must prove that a hardship exists. The lender must be willing to accept the short sale proceeds as full settlement of the debt.

    What is required from the property owner?
    The property owner must:
  • Sign a listing agreement with a Realtor
  • List the property for sale

  • Cooperate with access, showings, offers and with the Realtor
  • Vacate the home following close of title

  • Agree not to finance or otherwise encumber the property

  • Be responsible to maintain the home in "show" condition

  • Be responsible for minor repairs to the home

  • Be a responsible homeowner until close of title and vacancy of home.



    • Can any Real Estate Agent assist me in selling my home in a short sale situation?
    Possibly, but usually you have only one shot to succeed in a short sale transaction, it is therefore highly recommended you work with a company experienced in short sale negotiations that can properly represent you and is specialized in this field. We would love the opportunity to help you with this.
    .
    How can you help me?
    Attached is a partial list of our services:
  • Can help you avoid foreclosure and eviction

  • Help you minimize credit damages

    •