What Is A Short Sale?
The sale of real property that produces less than the necessary proceeds to pay off the mortgage against the property. Once approved, banks typically forgive the negative balance and report the mortgage as a settled debt.
FHA PFS (Pre-Foreclosure Sale) program is specifically designed to assist homeowners with FHA mortgages avoid foreclosure. If you are a homeowner with an FHA mortgage contact us for more information on requirements for participation in this HUD approved program or click HERE for more details.
Recent changes to the State Department of Revenue REET (real estate excise tax) policy, allows for short sale sellers to apply for a refund of excise taxes paid on forgiven debt. Follow the link for the application. Link.
We have successfully negotiated Washington State Short Sales for 10 years. The short sale process requires experience, patience, tenacity and knowledge in order to be successful negotiating with banks. You need a strong negotiator working for you who understands a banks motivation is the bottom line, but people make it all happen. Having the right person/company in your corner will insure your success.
Contact us immediately if you are concerned about a looming foreclosure, or if you are behind on your house payments. We can help stop foreclosure, save your credit, stop the mortgage company from harassing you, save your equity, and provide hope for the future.
If you are considering a short sale call us now, we are the Short Sale Company for you.
Find out if you qualify for a Short Sale before it's too late.