A residential real estate short sale is not a simple process, there are several pieces to it. Here are the top 4 Questions Homeowners Ask When Considering a Short Sale:
- Do I qualify for a short sale?
a. Home market value is worth less than the mortgage
b. Legitimate hardship that affects ability to pay mortgage
- How would a short sale benefit me?
a. Tax Consequences
b. Credit score
c. Future homeownership
- What will I have to do?
a. Cooperate and provide monthly financial statements
- How much will I have to pay?
At Oyezz Real Estate, we are your local short sale specialists in the Dallas-Fort Worth area! We will explain everything and answer all questions before proceeding with the short sale. It is in our best interest to have the homeowners understand what will be done in order to assist the homeowner as best as possible.
Many of the answers to these questions can be found in our FAQs, or by calling (972) 342-0011 to speak with a short sale expert.