Sellers- Short Sales can be a very complicated process. You need an expert to help guide you to understand if a short sale is the best option for you. I will work with you and your mortgage holder to negotiate the short sale process to avoid allowing the home to go to foreclosure. Which will allow you to sell the home and help to elevate the amount of debt that you will owe and be less of a strain on your credit than foreclosure. Please call me directly to discuss the specifics of your situation to understand what the best road is for you.
Buyers- Short Sales are not a short process. The are exactly the opposite. The reason they are called "short sales" is because it is the seller's mortgage holder agreeing to the shortage of the payoff to sell the property. This can take a much longer time frame than a "normal" closing. Buyers may find this to be a great option if they have the time to work with the time frame of a short sale. A lot of the time a buyer can find a good deal in the market place if they are willing to work with the seller and their lender. Call me today to see if this is the best option for you.