Salt lake City UT Short Sale Specialists

What is a short sale?

A short sale in Salt Lake City is a real estate transaction that happens when a distressed homeowner contacts their lender with the hopes for approval of selling their property for less than what is currently owed on the home. With doing so, the lender must agree to accept a lower payout in order for both parties to avoid a foreclosure.

How do you get qualified for a short sale?

The first step is to contact us at (877)737-4903. We can usually qualify you over the phone in just a few minutes. We are a group of local Salt Lake City short sale Realtors® who offer free help to home owners who are in financial hardship. In order to qualify for a short sale, you will usually have to prove to your lender that you are in some type of financial hardship. Some examples of hardships include:

• Job relocation or military transfer
• Increased living expenses
• Property in need of major repairs without means to make them
• Divorce or legal separation
• Incarceration
• Death of a family member
• Loss of income or employment
• Excessive medical bills or illness

You will be asked to prove your hardship by providing financial documentation, along with a short sale hardship letter. This cluster of paperwork is commonly called a short sale package. We will help you get all of these items together, market and sell your home, and process your short sale directly with your lender.

Can I short sale my home while in foreclosure?

Absolutely. A foreclosure is known to cost more than $50,000 on average. Properties that sit vacant after a foreclosure are also subject to theft, vandalism and deteriation. A short sale is a way for a lender to cut their losses and avoid a costly foreclosure. In fact, lenders are usually so motived to cut their losses that they will offer relocation incentives to home owners in order to complete a short sale. This is usually a few thousand dollars, however we have helped home owners like yourself get as much as $40,000 back in certain cases.

How do I find a GOOD local short sale specialist?

You have found the best. Just fill out the form below or give us a call. We work hard to help distressed homeowners become relieved of their mortgage debt while ensuring a more promising future. We will walk you through this challenging season of your life, market and sell your home, and work directly with your lender to process your short sale and help get you completely forgiven of your debt. The best part is that there is absolutely no cost to you to do a short sale. Your lender pays all traditional closing costs in a short sale, including your real estate brokerage fees.

If you need a short sale Realtor in Salt Lake City who is an Equator Certified short sale agent or a Distressed Property Expert Certified in short sales to help you then Contact us today! We work with all lenders, including Bank of America short sales, Wells Fargo Short Sales, and Chase Bank Short sales. If you need a local short sale specialist, we are your Salt Lake City Utah short sale specialist real estate agents and are here to assist you.