Do I Qualify For a Short Sale?

How do you find out if you qualify for a short sale? Just because you are behind on your mortgage and you want to sell does not immediately qualify you for a short sale.  Your lender is going to look at a number of things when reviewing your eligibility.  


Do you have a hardship?  Is your home worth less than what you currently owe?  Have you made an effort to reach out to the bank?  Are you currently living in the home or is it rented to someone?  These are all questions that the lender is going to ask.

Calling a short sale specialist in your area can help you understand whether you qualify or not.  They will sit down with you and go through the criteria that is necessary to submit a short sale package and get it approved.  Hardships can be any number of things including a medical emergency, loss of employment, divorce, and many others.

Don't wait until the notices start appearing on your front door.  Reach out to your Spokane Short Sale Specialist today and find out if you qualify!