Lake, Seminole and Orange County Real Estate News

November 17th, 2011 8:54 PM

Who qualifies for a Short Sale?

A Short Sale applicant should have some kind of uncurable financial hardship that has caused him to miss mortgage payments or is about fall behind. There are many reasons for Short Sales. Examples of financial hardship include: Job loss/ unemployment, death of spouse, business failure, reduction of income, sudden illness/ medical emergency, divorce, increased property taxes, forced relocation, bankruptcy, military service, natural disasters or any event that changes the homeowners financial ability to continue making mortgage payments. Note: loss of equity is not considered a hardship

You may cancel your short sale, at any time, without any penalty or obligation and pursue other options.

Call me for help in listing your home for short sale.  I put "Hart" into every sale!

cheri@davelowerealty.com

352-360-9763


Posted by Cheri Hartman on November 17th, 2011 8:54 PMPost a Comment (0)

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