How Do I Know If I Qualify For A Short Sale in Virginia or Maryland?

How Do I Know If I Qualify For A Short Sale in Virginia or Maryland?

For Virginia or Maryland homeowners to qualify for a short sale, they must have the following circumstances:

• Financial Hardship – There is a situation causing you to have trouble affording your mortgage.

• Monthly Income Shortfall – In other words: “You have more month than money.” A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.

• Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

*Most of the clients we work with could very well keep their home, but they decide to make a business decision and cut their losses.

Email me today for a free consultation natejohnson@1245team.com

This seems simple enough, but it is a complicated process that takes the expertise of qualified short sale professionals. I am a Virginia & Maryland certified short sale specialist and am ready to identify all possible options and assist in the quick execution of your short sale transaction.

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