How to Short Sale My Home?

This is often one of the first questions that homeowners in distress ask themselves.

In the current economic climate many individuals are faced with difficult decisions. Job loss, divorce and other unfortunate circumstances can force homeowners to the brink of foreclosure and bankruptcy. A short sale offers an alternative – allowing homeowners in distress to minimize the impact to their financial health.

As local short sale experts, we offer many useful resources to help homeowners determine whether a short sale of their home is the right decision for them.

Use the resources on this page and across our website to learn more about the common situations that arise when homeowners begin to ask the question “how to short sale my home”.

For more information and a help with understanding exactly how to short sale your home contact us – your expert short sale team – today!

“How To Short Sale” – Writing a Hardship letter:

A well written hardship letter is a key part of a successful short sale. It can mean the difference between a quick, easy short sale process and a drawn out struggle between short sale negotiators and short sale buyers.

Follow this link to the section of our “How To Short Sale” guide to learn about writing a proper Hardship Letter.

“How To Short Sale” – Completing an FHA short sale

Out of all short sale types, FHA short sales are the easiest to process. Why?

The Department of Housing and Urban Development (HUD), the guarantor of the loan, imposes strict guidelines on both the borrower and the lender during the short sale process. Unlike in the traditional or HAFA short sales, where lenders have a lot of flexibility on what they can do, in FHA short sale the lenders must follow HUD’s guidelines – precisely – in order to recover the insurance claims.

Follow this link to the section of our “How To Short Sale” guide to learn the steps to a successful FHA short sale.

“How To Short Sale” – Choosing the right short sale Realtor

Selecting a real estate agent to assist you with short selling your home is an important part of the overall short sale process. Overlooking this factor often negatively affects all parties involved in the short sale process – including the homeowner facing foreclosure, the lender(s), the potential buyer, and even the wrongly selected Realtor.

Follow this link to the section of our “How To Short Sale” guide to learn what you need to know when selecting a short sale Realtor to represent you throughout the short sale process.

As your local short sale experts we have many short sale resources available to help you short sale your home.
Contact us today for a free and confidential short sale consultation.