Completing a short sale is labor-intensive, however, the payoff for the extra work involved in a short sale will be worth it. The first step of pursuing short sale is by speaking to a short sale specialist from United Housing Solutions, trusting our specialist to answer all your questions and walk you through the short sale process of your home. We run a home evaluation to determine if you qualify for short sale. In order to qualify for a short sale the home must be worth less than the balance of your mortgage. You must show missed mortgage payments consecutively, losing your job, and or a drop in your income. Once you are qualified we put your property on the market and accept the highest offer from all potential buyers. Your real estate agent will submit the offer from the buyer along with the short sale application to the lender. The process can ****ween two to four months to complete.
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website for more information: https://www.unitedhousingsolutions.net/short-sale