ATTENTION HOMEOWNERS WHO ARE CONSIDERING A SHORT SALE ON THEIR HOME

You may not have to do a Short Sale. I repeat… YOU may NOT have to do a Short Sale even if you are behind on your payments, or owe more than your house is worth. You may be able to sell your house without worrying about taking a loss. For more information about this new program from BuyMyHouseNow123.com just fill out We’ll contact you by phone within 24 hours to talk with you about this exciting new option.

What is a Short Sale?

A short sale occurs when a homeowner sells their home for less than the current balance of the current mortgage amount to settle the account. When a mortgage company approves a short sale, the seller is then able to sell the home and pay off the mortgage with the proceeds from the sale.

Am I eligible for a Short Sale?

You may be eligible to short sell your home if:

  • You owe more than your home is worth
  • You are behind on your payments
  • You haven’t been able to sell your home for enough money to pay off your current mortgage balance
  • You have a long term hardship
  • You are not eligible for refinancing or loan modification
  • You cannot afford your payments and are ready to leave your home

What are the possible benefits and information to be aware of for a Short Sale?

Benefits

  • There are zero fees for this service
  • A short sale shows as a “satisfied account” on your personal credit report
  • It may be possible for you to purchase a new home within 2-3 years
  • You may be able to eliminate or reduce your mortgage debt entirely
  • A short sale is less damaging to your credit score than foreclosure
  • You may be able to start regaining your credit sooner than in a foreclosure situation
  • With proper negotiations, you may be relieved of any deficiency judgment*

    (The difference between the amount owed and the amount accepted for sale)

Information to know

  • You may be liable for income tax on the amount forgiven, known as a 1099-C*

    (With the assistance of your CPA and form 982 homeowners may be able to avoid having to pay taxes on a 1099C)
  • You are unable to profit from the sale of your home

I’m interested in a Short Sale, what do I need to get started?

To get started, follow these simple steps:

1. Gather all of your financial documents including your mortgage information, tax returns, and information on other debts.
2. Write a letter explaining your situation and how it has impacted your ability to pay your mortgage.
3. Contact us to walk you through the process. We will place a cash offer on your home and negotiate directly with your lender(s). You may call our office at 813-922-1770 or fill out a property information sheet.