If your home is underwater and you’re not sure what to do about it, a short sale might be a solution. When you stop to think about exactly what a short sale does, it can become a very compelling option.With a short sale, you are selling your home for less than you owe for it and the bank forgives the remaining debt.
That is a tremendous option and should be considered in some cases.
The best course of action is to discuss this with an expert. Linton Hall, Realtors® has helped many people in this situation. Not all realtors understand the ins and outs of short sales!
To give you an idea about how your bank may react to this, we’ve posted scores of short sale approval letters, so you can see exactly what they look like. Moreover, your mortgage is very likely with one of these banks…don’t think it’s impossible!
The table below contains some of our most recent bank Short Sale Approvals we have managed to procure.