Short Sales
Help for owners selling for less than they owe.
A short sale happens when a homeowner sells for less than the outstanding mortgage and the lender agrees to accept the shortfall. It is often a far better outcome than foreclosure for the seller's credit and for the lender's losses — but it is paperwork-heavy and requires patience.
Short-sale specialists know how to assemble the lender's required hardship package, negotiate with multiple lienholders, manage 30–120 day approval timelines, and keep buyers from walking. On the buyer side, an experienced agent will set realistic expectations on timing and condition.
If you are upside-down on your mortgage or interested in buying a short sale, work with an agent who has closed many of them.
Key Considerations
- Hardship package preparation
- Lender and lienholder negotiation
- Realistic timeline expectations
- Buyer-side short-sale strategy
- Tax and credit implications guidance
- Coordination with real estate agents and CPAs
Looking for Short Sales Near You?
Use our directory to find a trusted local real estate agent offering short sales. Request a consultation online and get expert help with your move.
