Short Sale
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By completing a short sale, homeowners can walk away from their properties without having a foreclosure reported on their credit - along with having their mortgage debt completely forgiven by the lender. (the deficiency balance)
Even if the homeowner is not in danger of foreclosure, the short sale process allows them to get rid of an investment that is only decreasing in value. In certain markets homes are so far underwater it may take a full decade to recover.
If you currently owe more on your property than what it's worth, fill out or quick app to the right for a free consultation.
You may be able to walk away from your property without having a foreclosure on your record, and without owing the bank anything. You can relieve yourself of the bad investment, the stress, and the burden.
Before you know it, you’ll be returning to purchase a new home instead of having a foreclosure on you record.
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