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SHORT SALE

A real estate short sale is when a lender agrees to allow a property to be sold for less than the amount owed on it relieving the homeowner of debt and avoiding the rigorous details of forclosure.  It also provides investors an opportunity to purchase property at lower than market value prices.

For Property Owners

Usually two conditions must be met before a short sale is approved:

  1. Current market values are such that the property's sale price cannot cover the outstanding mortgage balance(s).
  2. The owners are unable to continue making mortgage payments on the property.


If you are considering a short sale, do you know the value of your home?  What are property values for the homes in your neighborhood?  What is a reasonable asking price for your home?  Get a home value estimate that outlines local property values and compares the size, age and construction type of your home with others in your area.

Once you decide to sell your home to avoid forclosure, find a realtor to assist you.  By using ApartmentStores Moving and Relocation, you can find a qualified real estate agent who can advise you of current market situations, pricing and selling strategies, assist you with inspection requirements, disclosure, contract forms and more.

If you are successful with a short sale, do you have alternate living arrangements?  Use ApartmentStores Moving and Relocation to find apartments in your area.

A short sale is far better than having a forclosure negatively affect your credit report.  Use ApartmentStores Moving and Relocation to research short sale opportunities and other pre-forclosure options before forclosure forces you out of your home.

For Investors

A real estate short sale can be an excellent buying opportunity for the investor.  Although there are extra considerations to ensure a timely and smooth closing, purchasing a home or property in a short sale may offer significant discounts.  

Use ApartmentStores Moving and Relocation to find homes for sale in any city or town including listings of pre-forclosure and foreclosed homes and properties in the United States and information to assist you with transfer and title reports.  No matter what you are looking for, locating homes for sale is easy.  Search thousands of real estate listings to find homes that fit your needs and specifications.

Before you make an offer on a short sale, find qualified realtors with experience in short sales. to help expedite your transaction and protect your interests.

Is your financing secure?  Do you have the best rate and the best terms?  Make sure by using ApartmentStores Moving and relocation to research mortgage loans and financing options.