How Can Homeinc Help with a Short Sale?

A short sale occurs when a homeowner sells their property for less than the amount owed on their mortgage. This option is typically pursued when the homeowner is facing financial hardship and is unable to continue making mortgage payments. Short sales can be an alternative to foreclosure, allowing homeowners to avoid the potentially damaging effects on their credit and financial future.

To initiate a short sale, homeowners must first contact their mortgage lender and express their intention to sell the property. The lender will then assess the homeowner’s financial situation and determine whether they qualify for a short sale. Generally, lenders require proof of hardship, such as job loss, medical expenses, or divorce, to approve a short sale.

Once the lender approves the short sale, the homeowner can list the property for sale with a real estate agent or broker. It’s essential to work with professionals experienced in handling short sales, as the process can be complex and require specific documentation.

A great option would be contacting Homeinc, who understands all about short sales and can help you with the process. With licensed real estate agents with dozens of listed short sales, Homeinc can help you navigate through this hard period in a simpler and more effective manner.

Call us today (888) 850-2636 for an instant cash offer or visit our website!

We are so excited to have Paula on the Homeinc team. Paula is an attorney by trade but has been working in real estate for the past decade. Her experience spans a variety of channels across the United States. Paula looks forward to sharing her knowledge and experiences with both buyers and sellers alike. Her favorite part of working at Homeinc is the dynamic work environment and the possibility of learning something new every single day. When not at work, Paula enjoys cross fitting, traveling, reading and spending time outdoors with her husband and son.