In the short sale process, you sell your home and settle your mortgage debt for less than the amount owed. You may be eligible to sell your home in a short sale if:
• You have a hardship, such as a job loss, divorce or medical emergency
• You owe more on the mortgage than your house is worth
• You’re unable to afford your current monthly mortgage payment
• You’re unable to modify your current home loan
If you qualify and want to move forward with a short sale, it is highly suggested that you consult with a professional real estate broker/agent who is experienced in short sale transactions. See the “Basic Steps for a Short Sale” article in this newsletter for a general idea of the process…but keep in mind that the steps may vary depending on the lender requirements and/or the advice of the real estate professional who will guide you through the process.
For more information about Short Sales, please call me and I will help you better understand a short sale.
Office: 480-240-9724
E-mail: Info@AzExp.com
Or visit our website @ www.HelpingUnderwaterSellers.com
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