If you or someone you know are behind on mortgage payments, foreclosure is not your only option. You may be eligible to Short Sale your home. A Short Sale is a negotiation entered into by the homeowner’s mortgage company or companies to accept less than the full balance of the loan at closing. A buyer closes on the property and the property is “sold short.”
In order for a Short Sale to be accepted by the bank the borrower must prove a financial hardship. Here are a few examples of financial hardship:
1. Loss of job
2. Business failure
3. Death of a spouse
4. Death of family members
5. Divorce
6. Medical Bills
7. Payment increase or mortgage adjustment
8. Reduced income
Call or email me for a free and confidential consultation. I may be able to help you save your credit.
kujcich@ sc.rr.com
803.260.1372
