A "Short Sale" offers significant benefits to the homeowner, such as:
1. A short sale will allow the homeowner to eliminate the mortgage debt(s) without the expense of needed repairs to get the property sold.
2. The sellers is able to stay in the property until the process is completed.
3. No up front fees are required. YOU SHOULD NOT PAY UPFRONT FEES TO ANYONE!
4. Closing costs and commissions are usually paid for by the lender(s).
5. The seller avoids the negative effect of a foreclosure on his/her credit report.
6. May help avoid a bankruptcy.
7. Less stress, more Peace of Mind!