Oftentimes, homeowners can no longer afford their mortgage payments and find that a short sale is their only solution to avoid foreclosure. Harbor Title can help determine if you qualify for a short sale and our attorneys will negotiate with your Lender directly.
To be eligible to sell your home in a short sale, you must have proof of a valid hardship:
- Reduction or loss of income
- Payment adjustment in loan terms
- Illness of a borrower
- Illness in family
- Death in family
- Marital difficulties
- Loss of renters
Banks are giving homeowners incentives to sell their homes through a short sale. Harbor Title has been successful in negotiating thousands of dollars in cash back for sellers at closing. To learn more, please contact Harbor Title today.