When would a Short Sale be considered?

A Short Sale will be considered if:
1. Your total loan balance is greater than the value of the home (including all loans if you have a second mortgage, or a line of credit).
2. You have experienced some type of financial hardship. The hardship could be related to job loss, cut hours, medical bills, divorce, or any number of things. Essentially, if anything has changed in your financial situation since the time that you originally got the loan.
3. There is an offer to purchase the property. We will need to find a qualified buyer in order to request a Short Sale.