Short Sale solutions made simple.
Why a Short Sale?
A Short Sale happens when a home sells for less than what is owed on the mortgage, and both the seller and their lender must agree to the process. Many lenders are willing to accept less than the full amount owed, which can help you avoid foreclosure and move forward more smoothly.
While first mortgages often allow borrowers to be released from any remaining balance, second mortgages or home equity lines may require a partial payment to clear the lien. The process can be complex, but it’s often a smarter alternative to foreclosure.
At Fairview Land and Title, we’ve helped many homeowners successfully navigate Short Sales. Our experienced team guides you every step of the way, making the process as smooth and stress-free as possible.
Benefits of a Short Sale
Avoid Foreclosure
A Short Sale helps you sell your home before foreclosure, protecting your credit from the severe impact of foreclosure proceedings.
Less damage to credit
While it still affects credit, a Short Sale is generally less harmful than a foreclosure, making it easier to recover financially.
Control over the sale
You get to work with your lender and participate in the process, rather than having your home taken through foreclosure.
Potential debt relief
In many cases, lenders agree to forgive part of the remaining mortgage balance, reducing your financial burden.
Faster financial recovery
With a Short Sale on record, you may be eligible to purchase another home sooner than if you had a foreclosure.
Peace of mind
A Short Sale allows you to resolve a difficult situation proactively and move forward without the stress of foreclosure hanging over you.
