A short sale is a home that the Seller owes more than what the home is currently worth. The Seller lists the home with a real estate agent for less than is owed on it. Once there is an offer on the home, the seller may sign the paperwork but the lien holder actually has the final say. In most cases, getting an approval from the bank can take 4 or 5 months and after that amount of time they may say no. This is a frustrating process for a buyer and many will give up before the offer is approved. Sometimes however, agents are able to get an approval at a certain price and publish this in agent comments.

If you find yourself in a position where you need to sell your home short, we can help. We realize that this is a difficult and emotional process to go through. We can advise you and help guide you through the steps to accomplish this and take some of that stress away.   As a buyer searching listing on line, they will not tell you if they are short or bank owned. If you see something that you are interested in, contact us either by phone or e-mail and we will check the status for you.