What qualifications make for a good Short Sale?
There are two main qualifications for a good Short Sale candidate (1) A good Short Sale candidate is a homeowner who is behind on their mortgage payment and is unable to keep up with all of their monthly obligations. Some of the reasons for falling behind on their mortgage payment may include sudden change in monthly household income, loss of job, divorce, and more. (2) A good Short Sale candidate also has no equity in their home. They are not able to sell their home and pay off all of the outstanding loans that are secured against their property. How long does it take to do a Short Sale? There are several stages that are involved with the Short Sale process… (1) The first stage requires working with you as the homeowner to get all of the required documentation that your bank will require us to send them. This stage shouldnt take longer than a couple of days. (2) The second stage involves us preparing the listing paperwork and scheduling an appointment with you to see your home and p
