Get the Facts about Mortgage Short Sales

Get the Facts about Mortgage Short Sales

If you are a landlord who is facing foreclosure on a real estate investment, you may want to find a short sale real estate company in Atlanta and discuss a mortgage short sale as an alternative. In a mortgage short sale, a lender may discount the remaining amount due on a defaulted loan. This can be far more advantageous to the borrower than a foreclosure.

You may be eligible for a short sale if you are unable to refinance your mortgage, if you are experiencing extreme hardship, if your remaining loan amount is more than the home is worth, or if you have been unable to sell the home. Watch this video to learn more about short sales and how they work.

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