Millions of home owners nationwide are in financial distress, and because of the current real estate market they cannot sell their home for enough to cover what is owed.
One potential solution is a short sale. A short sale is when you sell your home at current market value, and negotiate with your lender to have the balance owed reduced or eliminated entirely. Not everyone will qualify for a short sale but if you have a financial hardship such as unemployment, medical bills, divorce or reduction in hours/income there’s a good change a short sale can work*.
I’ve negotiated short sales with many banks including Bank of America (Countrywide), Chase, Indymac, GMAC and others helping home owners avoid foreclosure and move on with their life.
If you are behind on your mortgage payments and don’t have enough equity in your home to sell I may be able to help.
*as with all things in life there’s no guarantee of success. foreclosure is serious business, if you have questions regarding your legal rights or options consult your attorney.