What is a Short Sale?
A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property and the property owner cannot afford to repay the liens’ full amounts, whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency.
Why would I consider a Short Sale?
If you’re the one out of every 3 Utah Homeowners who currently owe more on their home than it is worth and you can’t afford to make your payments anymore then a Short Sale may be the answer for to get out of your mortgage, avoid foreclosure, and still be able to buy a new Utah home in just 24-36 months.
Less than 1% of licensed agents in Utah have any experience dealing with short sales. My team has successfully negotiated and closed on millions of dollars worth of short sales and we specialize in helping homeowners avoid foreclosure by doing a short sale.
We create relationships with the banks, and streamline our system to better benefit our clients. If you have an upside down home, unable to make your payments, and would like to get your home sold then we can help! Short Selling your Upside Down Utah Home can get you out from under that hefty mortgage.
No matter what you paid for your home or how much it’s currently worth WE can help get the deal done and help you avoid foreclosure!
Please contact us today for your FREE, no obligation & confidential consultation about your situation and how we can help. There is NO COMMISSION CHARGE to you for our Utah short sale services as we are paid by the lender once we close the sale. Call us at 801-683-9666 to learn more about how we can help you!