A Short Sale occurs when a homeowner who is unable to meet their debt obligations, sells their home for less than the amount owed the lien holders; and the lien holders agree to release their lien on the property and accept less than the full amount owed on the loan.
Successfully managing a short sale involves properly preparing and submitting the proposal, consistent follow-up with all parties involved, managing the expectations of all parties, and knowing how to manage the ever changing requirements of the lending institutions. Our approach for homeowners/sellers, buyers and real estate professionals makes the short sale transaction occur in a timely and proficient manner.
Why Choose Milestone Title, LLC to Prepare Your Preliminary HUD-1’s and Conduct the Closing?
Why Choose C.M. O’Neal & Company to Negotiate your Short Sale?