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Boston Short Sale Help

A short sale review is a process to be approved to settle a mortgage debt for less than full due to a property not having any equity. This consists of the borrower(s) on the loan providing financial paperwork and a short sale package to the mortgage servicing company for review. A short sale package consists of real estate paperwork, title work, and the borrower financial paperwork.

A mortgage servicer will follow protocol per the investor guidelines on the note to facilitate the short sale. Different investors may have different rules for who and what may be approved. One of the most important factors is what they feel the home is worth which is determined by a BPO or an appraisal. The value is reviewed with the offer on the home alongside the borrower financial hardship. All of this information is used to determine if the short sale will be approved.

If you are in need of Boston Short Sale help or assistance in any city, please fill out the form below or call 1-800-692-9960 and a specialist will be in touch with you shortly.

 

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