What is a Short Sale?
A short sale, simply put, is when a someone wants or needs to sell a home, but the home is not currently worth what is owed. The owner can’t or won’t bring cash to closing to make up the difference. We are commonly asked what it takes to qualify for a short sale. Contrary to popular belief, it is not very difficult to qualify. If you owe more than your home is worth, the odds are that you qualify for a short sale.