Ohio Short Sale Center

We are local Cleveland real estate professionals specializing in Short Sales. If your mortgage debt is higher then the market value of your home or i Is your home worth less than your mortgage balance? Has a recent change in your circumstances left ...

We are local Cleveland real estate professionals specializing in Short Sales. If your mortgage debt is higher then the market value of your home or i Is your home worth less than your mortgage balance? Has a recent change in your circumstances left you unable to make your loan payments but you can only sell your home for less than the debt you owe on it? Does your house need extensive repairs but fixing the issues would cost more than what your home is worth? Is your house ‘underwater’, you are late on your monthly mortgage payments; the lender has sent you Notice of Default and you may be facing foreclosure? If you answered yes to any of those questions, you might be wondering about your options. These are difficult circumstances and can leave a homeowner feeling helpless. Although these circumstances are far from ideal, you may be able to improve your financial situation through a transaction known as a short sale. A short sale is a process where the lender approves the sale of the home for less than the remaining mortgage debt. If approved and properly executed, a short sale can offer a preferable financial outcome for both the lender and the homeowner.