When a homeowner owes more on their property than it is currently worth, they can
hire a qualified real estate agent to market and sell their property through the
negotiation of a short sale with their lender. This typically requires the property
to be on the market and the homeowner must have a financial hardship to qualify.
A short sale allows the homeowner to avoid foreclosure.
We have a variety of properties available that are in a process of pre-foreclosure,
meaning the lender has not yet completed the foreclosure of the property and are
allowing the marketing for it’s sale in association with the property owner to possibly
result in a pre-foreclosure sale.
A variety of properties presently on the market have been foreclosed by the lender
and in turn is placed for sale through Realtors. In this instance, the prior owner
is not involved and all dealings are made through the lender.