Commercial - Residential - Condos - Land - Relocation
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Serving the Fox Valley and all surrounding areas.
Upside-Down Mortgage
Short Sale
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If you need help to sell your home because you can no longer afford the mortgage, talk to us about a short sale. With a short sale, your lender agrees to forgive a portion of your mortgage debt. This forgiveness makes it possible for you to sell the home for less than what you owe on the mortgage loan. For example, if you owe $175,000, but the property's only worth $159,000, your lender may accept an offer $16,000 short of the mortgage loan to help you sell the property. (Short Sale). We recommend that you talk to a tax profesional regarding potential tax responibilities.
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Some homeowners in default are not always backwards on their home, but need to sell for financial reasons. We are experts in this area and can help guide you from start to finish!
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We have options available for you. Please call or email us for a confidential analysis of your situation. We will meet with you to discuss the types of ways that we can assist you. We will waive the listing fee for those who need to short sale their home.
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