Frequently Asked Questions

• How Does the Short Sale Process Work?
  The first step in a short sale generally is to contact your lender and determine what is required to initiate the process. You may also want to consult with and/or hire a Realtor, real estate … more
• Is a Short Sale Right for Me?
  If you are wondering if a short sale of property is right for you, you should know that it is a highly individualized and personal issue. However, there are some circumstances and factors that … more
• What Are the Alternatives to a Short Sale of My Property?
  A short sale of property may be the best option for curing your current housing problem, but it is not the only option. You may be able to arrange for a loan modification from your lender, where … more
• Do I Have to Pay a Realtor Sales Commission in a Short Sale?
  In standard home transactions, the seller and buyer reach an agreement for how the sales commission to a Realtor will be paid. Sometimes a buyer and seller will agree to split the costs out of … more
• Will Selling my Home in a Short Sale Affect My Credit Score?
  Selling your home in a short sale will negatively affect your credit score, but how much will depend on many factors. Your payment history, your ability to pay other debts, and the amount the … more