A short sale is an agreement with your lender to accept less than the total amount you owe on your home. For example, if you purchased your home for $200,000 but now it is only worth $150,000 and you must move, you can negotiate with your bank to accept the current market value as payment in full.

The short sale process can sometimes be lengthy but once an offer is received on your property we can usually get bank approval within 30-45 days.