Signs You May Need to Consider a Short Sale

Life happens. A job loss, medical bills, or unexpected financial hardship can leave homeowners struggling to make mortgage payments. If you're feeling overwhelmed, a short sale may be an option to help you move forward without foreclosure.

5 Signs a Short Sale Might Be Right for You

1. You’re Behind on Mortgage Payments & Can’t Catch Up

If you’ve missed multiple mortgage payments and don’t have a way to reinstate your loan, foreclosure may be looming. A short sale can help you sell before foreclosure happens.

2. Your Home is Worth Less Than What You Owe

If your home is underwater (you owe more than it’s worth), selling through a traditional sale may not be possible. A short sale allows you to sell for market value and have the lender forgive the difference.

3. You’re Experiencing a Financial Hardship

Lenders typically approve short sales when a valid hardship exists. Common hardships include: Job loss or reduction in income Divorce or separation Medical emergencies or disability Death of a spouse or co-borrower

4. You’re Facing Foreclosure & Running Out of Time

If you’ve received a Notice of Default or foreclosure is approaching, you may still have time to negotiate a short sale. Lenders prefer short sales over foreclosures because they lose less money.

5. You Need to Relocate & Can’t Afford Two Mortgages

If you need to relocate for work, divorce, or other reasons but can’t afford to sell at a loss, a short sale may be the best way to move on without carrying two mortgage payments.

Take the First Step Toward Financial Relief!

If any of these signs sound familiar, now is the time to explore your options. A short sale could help you avoid foreclosure, protect your credit, and give you a fresh start. I’m here to guide you through the process with expert support every step of the way.

📞 Call/Text: 469-855-0199

📧 Email: Dawn@ElevatedRealtyGroup.net