Is a Short Sale Right for You? 
 
  Are you behind on your mortgage?
  Do you owe more than your home is worth ("upside down")?
  Have real estate agents told you they can't help you?
  Are investors "lowballing" you?
  Can't afford to retain a lawyer?
  Unable to refinance?

Are you facing foreclosure, bankruptcy, or wrecked credit?

There are solutions & peace of mind, through our network of licensed & insured real estate professionals and attorneys. Our team will negotiate with the loss mitigation department of your mortgage company to pay off your mortgage for less than the full balance with a complete discharge of the debt with no obligation to repay any deficiency. All real estate fees are paid by the lender.

This is not credit counseling, debt consolidation, bankruptcy or shell game; it is a short payoff that most lenders will accept in when the buyer experiences hardship and the market is in decline.

We can help. We are not some agent who just got out of a 3-hour seminar; we are not investors looking for a sweheart deal at your expense; we did our first short sale in 1996 and have literally decades of combined experience helping people just like you. 

            Call or email us today and get your sanity back. 
                                  (866) 343-2889

Some frequently asked questions:

Q: Why would the bank take less than what we owe?
A: There are two reasons.

First, they will net more revenue in most cases from a short sale than they would with the long, expensive process of foreclosing, repossessing and reselling the property secured by one of their non-performing loans. This can take a year or more and costs tens of thousands more in legal fees and loss of value to the property due to negelect, winterization, and the decline of home values among many other factors.

Second, banks don't want to foreclose if they can avoid it. Banks with high foreclosure rates often have some explaining to do to regulating agencies. They'd rather cut their losses and avoid the statistic on their record.

Q: Why can't I just negotiate with the bank myself?
A: That would be like representing yourself in court or hiking the Himalyas without a guide.
 
The lender will want to see a buyer, a contract of sale, a HUD-1, and many other things a lay person cannot easily provide. Besides, the cost of using us is virtually negligible (the lender pays all real estate costs from the proceeds, not you) and the cost of having your own effort fail would be disasterous.

Q: How long will it take?
A: Depending on the lender, it could take anywhere from 3-8 weeks for approvals. Once approved, the short sale usually has to close in 15-30 days or it is revoked. We can help you every step of the way in the transition.

Q: What if I don't have that kind of time?
A: There are ways of buying time. In New York, foreclosures can take a year or more. 

Q: What will this cost out of my pocket?
A: Surprisingly little. In a normal sale where there is no equity, you would have to write a check at closing for the mortgage balance, real estate commission, attorney fee, NY transfer tax, and every other typical closing costs. With our program you only pay a portion of the attorney fee.  Call us for details. 


                                   
                                                          (866) 343-2889