A short sale occurs when the mortgage holding bank agrees to accept less than the full amount owed to pay off a mortgage during the sale of a home. For many individuals and families struggling to make ends meet, selling their home in a short sale may be the best option. However, the process can be overwhelming. Typically banks negotiating a short sale require the Seller to submit a large amount of information about the transaction, their financial situation, the property and the Buyer. In addition, these banks are notoriously difficult to communicate and negotiate with. Our firm has the experience and resources to negotiate with the bank and allow you to close with confidence.
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