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What is a short sale

What is a short sale?

A real estate short sale is when your mortgage bank/servicer’s investor has agreed to take less than what is owed. A short sale can provide mutual benefits for both the homeowner and the bank because they help both parties avoid foreclosure.

One of the reasons banks are aggressively allowing people to short sale their homes is because of programs like the Making Homes Affordable Program otherwise known as HAFA. The HAFA Program provides many benefits to homeowners who are trying to short sale their homes.

Here is a free short sale guide that will help you understand the short sale process and how to avoid foreclosure.

Get The Free Short Sale Guide

In the guide you’ll also learn exactly how to start the short sale process if you decide that that is the best choice for you

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