When to use them?
If you have already received collection letters from your lender, the time to act is now. A Short Sale may be able to save you from a Foreclosure.
If you are not behind on your mortgage, but are unable to continue making your payments, a Short Sale may be your best option. The sooner you start, the more options you have.
If you are upside down on your house, a Short Sale may be your only option to avoid Foreclosure. A homeowner is said to be ‘upside down’ when the market value of their home is less than the amount owed on the mortgage(s). This can happen to a lot of people in a declining real estate market. If you are unsure about whether you are upside down, call us and we can answer your questions.
Orange County Short Sale Professionals
