In today’s market, some homeowners have found it difficult to sell their homes for the amount needed to pay off mortgage debt. Some sellers face special circumstances where they absolutely must sell their current home or face foreclosure. If you're thinking of selling your home and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. Short selling is a situation where the lender is willing to accept less than the full mortgage debt, if the seller’s financial situation is unlikely to improve in the next 6 to 12 months.

Typically in a short sale situation, a professional REALTOR can handle all of the paperwork and the negotiations. While there are some downsides to short selling, a foreclosure usually affects your credit score more negatively than a short sale. A foreclosure would make it difficult for you to secure future mortgages. A short sale involves you in the sale and in the decision-making process while a foreclosure does not. Finally, when we are successful, the seller is fully released from burdensome mortgage debt.

We understand all of the nuances of this process. There are still buyers out there. We know. We’re working with active, qualified buyers right now.

If you are looking for help, please give us a call. We can set up a no-obligation meeting where we can answer your questions, explain your options, fully disclose the consequences of any decision you might make, give you our perspective on the current market and discuss strategies for successfully selling your home.

If you decide to pursue the sale of your home through a short sale, we are committed to exceeding our client's expectations when providing the following services:

- Short-sale package preparation.

- Listing of property in the REALTOR database.

- Buyer(s) qualification from the perspective of the seller(s).

- Negotiation between seller(s), buyer(s) and lender(s).

- Guidance through all the paperwork.

- Post closing assistance and advice.

Call today for a free personalized assessment.
312-224-1626

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Latest Testimonial

“Thank you for your hard work in getting our home sold. It was a long process, but everything worked out in the end. I couldn't have asked for a more professional staff working on my side.” - Vazquez Family