Distressed Properties
What Is a Short Sale and How We Will Aid You
National Realty Group provides short sale advice and services at no cost to the home owner.
Understanding Short Sales
A short sale occurs when a lender agrees to take less than the amount that is owed on a piece of property. A short sale is successful when your net proceeds from a sale are insufficient to cover your loan balance, but the lender agrees to take a lesser amount.
When you are upside down — some use the term underwater — and you need to sell your home, a short sale is the most common solution. However, it is not the only solution. Is a short sale best for you?
You may have questions about ALL your options, not just a short sale. It is very difficult to find someone to give you all your options. A Real Estate Salesperson will tell you to do a Short Sale because it makes them the most money. An Attorney will tell you to file BK because that's their only solution. A Loan Modification expert will push you towards their services because it is the only way they make money.
National Realty Group's Broker is a Certified Mortgage Advisor and will look at all options and help you with the one best suited for your goals and situation.
If you want more information about short sales, call us at:
(800) 406-9606
Short Sale Hotline
Your Options Include:
- Short Sale — Sell your home for less than owed with lender approval
- Loan Modification — Negotiate new loan terms with your lender
- Refinancing — Replace your current loan with a new one
- Bankruptcy — Legal protection from creditors (consult an attorney)
- Deed in Lieu — Transfer the property to the lender to avoid foreclosure
Our Certified Mortgage Advisor will help you evaluate all options — not just the one that benefits us most.