Short Sale / Pre-Foreclosure Info for Sellers

Looking to purchase a short sale / pre-foreclosure home? Visit our Foreclosure Section for Listings

The Cost of a Short Sale

In most cases, the bank covers all of the fees for the short sale including real estate commissions and fees generated by the closing attorney and / or 3rd party negotiator. You will not receive any equity from the short sale of your property.  Some lenders may offer a "Cash for keys" program to homeowners who participate in a program like HAFA and deliver the home in good condition.

The Charlotte House Hunter Group does not and will not charge sellers any up-front fees for facilitating the short sale.

NOTE: In the state of North Carolina, it is ILLEGAL to pay any fees to a third party for mortgage modification services (including short sale negotiation.


Topics

What is a Short Sale

Qualifications for a Short Sale

The Short Sale Process

Cost of a Short Sale

Timeline of a Short Sale

Tax Implications of a Short Sale

Credit Implications of a Short Sale

Home Affordable Foreclosure Alternative (HAFA) Program

Promissory Notes

Short Sale Frequently Asked Questions

Short Sale Frequently Asked Questions

Documents for Sellers

Active-Duty Military: Avoid Foreclosure through the Soldiers and Sailors Act

Foreclosure Prevention Scams

Blog Posts on Short Sales

 

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