A short sale can be useful if you owe more on your property than what you can sell it for and your goal is to dispose of the property. However, it can be very difficult to get to closing. We can help you maneuver through the process and negotiate with your creditors so that you can sell the property with as little exposure as possible. We can also help you avoid any potential tax consequences from the cancellation of debt.
What Is A Short Sale?
A short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In the case of a short sale, if all the lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished.
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