If you’re reading this then you’re looking for an answer to questions about when to do a short sale and not lose your home on sheriffs auction and get evicted? Doest the short sale is the right thing to do for you? How often people do a short sale? What are other options instead of a short sale? I’m a certified short sale agent and i will try to answer all those questions below.
Selling your house “short” might be a good or a bad idea. It depends on various factors. There is many things to consider before going this route.
Things to consider before doing a Short Sale
- Are you selling or buying the house?
- What is your financial situation?
- What is the timeline?
The above points are really important questions to answer before moving forward with purchasing or selling your short sale. Before doing that you have to understand what a short sale is, its advantages, mistakes that you may commit and all things which apply to your situation.