When homeowners owe more on their mortgage than their property is worth, and they are unable to keep up with payments, a Short Sale can offer a viable solution. American Mortgage Help specializes in guiding homeowners through the short sale process, providing a way to sell your property and settle your debt without going into foreclosure.
What is a Short Sale? A short sale occurs when a homeowner sells their property for less than the amount owed on the mortgage, with the lender’s approval. The lender agrees to accept less than the full amount owed and releases the homeowner from the remaining debt. This option allows the homeowner to avoid foreclosure, which can have long-term consequences on their credit score and financial future.
How Does a Short Sale Work?
Why Choose a Short Sale? A short sale can offer several benefits over foreclosure:
At American Mortgage Help, we have the expertise to manage every aspect of your short sale. From lender negotiations to finalizing the sale, we are committed to providing you with a smooth and efficient process.