Short Sales

 

Definition ~ A Short Sale is when your lender agrees to allow you to sell your home for less than you owe on the mortgage.

The short sale strategy, if you qualify, will allow you to sell your home removing the burden of the unwanted debt from a house that’s underwater. This option is far less damaging to your credit than a foreclosure sale.

 

Why you should ACT NOW?

 

Today, banks are more willing than ever to forgive the debt deficiency left over after agreeing to a short sale.  Qualified buyers are becoming harder and harder to find as underpriced homes are being sold in record numbers.

- Banks do not want to own anymore property because of the current foreclosure crisis.

- You can stay in your home until the house is sold and payments may be suspended depending on the bank’s policy.

- All collections activity is suspended once a short sale is approved.

 

Why use FPA?

 

We have cash buyers ready to make an offer to your lender!

- Short sale negotiations are done only after an interested buyer is found.

- Our short sale team has an 86%+ success rate because we pre-qualify all applicants prior to submission.

- We obtain a Cash Offer from a Qualified  Buyer prior to submission.