A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. A Short Sale allows you to sell your home to a third party at a price which is less than the total amount that you owe. If you are not sure what to do, it is important to remember that the sooner you sell your property, the quicker you are free of the burden of the property. This avenue is open for homeowners who are willing to part with their property but keep their credit rating with the least amount of negative reports.
The lender will require a written contract with you and the buyer, a HUD-1 or settlement statement of the sale, possibly a buyer assurance letter stating the potential buyer is approved for the new loan, financial information from you showing that you can't afford the house. We have successfully negotiated short sales for many home owners and we know what documentation the lender needs for approval and in what order.
If you are willing to sell your home or currently have your house on the market, some lenders might agree to put your foreclosure on hold while you attempt to sell your home through traditional real estate methods. Of course, that all requires time. That is why it is important to determine if your best plan is to defend the foreclosure thereby allowing you to effectively "buy time", giving you and your professional team enough time to sell the property.
BEFORE SUBMITTING ANY INFORMATION ON THIS FORM, PLEASE REVIEW OUR PRIVACY POLICY WHICH WILL TELL YOU HOW WE WILL USE THE INFORMATION THAT YOU PROVIDE US.
DISCLAIMER: By providing your contact information on this website, you are expressly granting permission to be contacted regarding mortgage services (through our network of Law Firms) even through you may have previously chosen to have your telephone number added to any Do-Not_Call List including lists maintained by any local, state, or federal government agency. Mortgage relief companies are not associated with the government, and service is not approved by the government or your lender. Even if you accept an offer from our network Law Firms and use their service, your lender may not agree to settle or negotiate. We do not guarantee qualification or a reduced monthly payment. Not all results are typical and your results may vary based on the program and your individual situation. The information and notices contained on this website are intended to as general research and information and are expressly not intended, and should not be regarded, as financial or legal advice.
THIS IS AN ADVERTISEMENT OFFERING, FOR A FEE, LOAN MODIFICATION, MORTGAGE REFINANCE/ORIGINATION AND/OR FORECLOSURE DEFENSE SERVICES FROM A LAW FIRM. THE ADVERTISER OR LAW FIRM OFFERING THESE SERVICES ARE NOT ASSOCIATED WITH ANY NON-PROFIT AGENCIES, LOCAL, STATE, OR FEDERAL GOVERNMENT AGENCIES. ADDITIONALLY, THE LAW FIRM PROVIDING ANY OF THE SERVICES MENTIONED ABOVE IS NOT ASSOCIATED WITH AND DOES NOT HAVE ANY INSIDE RELATIONSHIP WITH ANY PARTICULAR LENDER AND/OR MORTGAGE SERVICER. THE LAW FIRMS PROVIDING THE SERVICES MENTIONED ABOVE AS DESCRIED IN THIS ADVERTISEMENT ARE FOR-PROFIT ENTITIES, AND ARE NOT ASSOCIATED WITH THE FEDERAL GOVERNMENT OR THE AMERICAN REINVESTMENT AND RENEWAL ACT OR NON PROFIT ORGANIZATION.
ALL INFORMATION RECEIVED BY FLEXMORTGAGEMODIFICATION.COM AND ITS NETWORK OF ATTORNEYS WILL BE USED IN ACCORDANCE WITH OUR PRIVACY POLICY. WE CANNOT GUARANTEE SPECIFIC RESULTS. EACH CASE IS UNIQUE AND IS IMPOSSIBLE TO PREDICT THE OUTCOME. NOT ALL APPLICANTS WILL QUALIFY. PAST SUCCESSES CANNOT AND WILL NOT PREDICT FUTURE OUTCOMES.