Recent legislation should make a "Short Sale" more of a viable alternative to foreclosure than it has been in the past. (read more)
A Short Sale (aka Short Pay) is when the owner of a home owes more on their loan than they can get a buyer to pay for it. They are "coming up short" of what they owe and must ask their lender to accept a "short pay off." More often than not the answer has been "no." But with new leglislation, that may be about to change.
I have special training and am experienced in handling these transactions. I can't help everyone, but if you fill out the form below I will get back to you quickly and let you know either way. Anything you aren't sure about just leave blank.
Lance Frank Broker Associate, Tarbell Realtors Certified Notary Signing Agent 47100 Washington St Suite 101 La Quinta, Ca 92253 Direct: 760-610-9282 Relax@LanceFrank.com Lic. #01785371