If you owe more than the value of your house – also known as being “upside-down” or “underwater” – you still have options. One of those options is a “short sale”.
A short sale involves selling your house for less than what you owe, with the bank or mortgage holder accepting a payoff short of the balance.
The short sale process is complicated, and most home sellers are advised to get assistance from a professional. Depending on your situation, we can assist with a short sale, or recommend a trained professional at no cost to you.
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