owe more than your homes worth?

what is a short sale?

HOW DOES A SHORT SALE WORK?

In a Short Sale, the bank accepts that you sell the house for less than what you owe. The bank takes the loss, forgives overdue payments and pays overdue property taxes.

HOW MUCH DO YOU HAVE TO PAY FOR A SHORT SALE?

NOTHING! The bank will pay your realtor a commission as a regular sale.

CAN I DO A SHORT SALE IF I AM UP TO DATE WITH, MY PAYMENTS?

YES YOU CAN! The bank will evaluate your case and determine the appropriate approval

AM I RESPONSIBLE FOR THE LOSS?

NO, if you do a Short Sale, the bank is forgiving the debt and will not seek to recover any money " THE LAW MORTGAGE FORGIVENESS DEBT RELIEF ACT' passed in December 2007 forgives all the debts under a SHORT SALE