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 REO/Short Sale & BPO Specialist Certified Notary Signing Agent 47100 Washington St Suite 101 La Quinta, Ca 92253 Direct: 760-610-9282