The short sale is not meant to be an easy way out for someone in this situation. There are so many foreclosures right now and lenders want to make sure that people are not just walking away from a property.
 
We get calls from investors all the time asking about short sales because their rentals are not making a […]

 
No, the homeowner must be able to prove hardship. In addition, if you have junior loans (seconds, revolving lines of credit, etc.) against the property, the holders of the junior trust deeds must also agree to release their liens although they may receive no payment.

 
Assuming that you qualify for a short sale the process of listing your home for sale (as a short sale) is no different than any other listing that we would take. All of the forms are the same and the process is the same. Just give us a call and we can have your home […]

This is clearly explained in the Notice of Default - For a timeline please refer to our Foreclosure Timeline.
If you have missed just one payment, it may be a few months before your lender files a notice of default - they want to make sure that your not just late.
By the second or third month […]

A short sale is the sale of a property where the sales price is less than what is due on the existing loan(s).
Lenders are now dealing with a large number of bad real estate loans and foreclosure is not an automatic answer to the problem. A home in foreclosure is very expensive for the lender, there […]