These home sales happen when you owe more than the home is worth. For example, if you owe $200,000 and the home is worth $150,000 and you want to sell, that’s called a short sale. It is best to secure the services of a realtor that specializes in these types of sales.
While homes can be sold in these situations, it can leave a mark on your credit history, especially if you are trying to purchase another home.
Doctors Financial Resources is available to offer the assistance necessary to remove short sales that are reporting inaccurately. Give us a call today at (888) 855-2345.