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What is a Short Sale?

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728 South Broad Street

3rd Floor

Philadelphia, PA 19146

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How do Short Sales help avoid Foreclosure? Join us at our monthly chat on the 2nd Saturday of the month to learn how a Short Sale resolves the risk of Foreclosure, and saves your credit. There are a lot of "myths" about Short Sales that aren't true, such as:

  • If I own other property I won't be able to do a Short Sale - NOT TRUE!
  • If I have assets, the bank will want me to pay on the deficiency - NOT TRUE! This is negotiable and all of the short sales I've facilitated in recent years have been with total debt forgiveness, even when the owner has assets.
  • I should just "walk away" - NOT TRUE! The debt can follow you, even after the house is foreclosed.
  • Short sales won't work for investment properties - NOT TRUE! I recently successfully closed a short sale for an investor on a condo in Old City that was an investment, with total debt forgiveness

Bring your questions and learn How Short Sales Work. Please share with any friends or neighbors who might be facing difficulty with paying their mortgage.

For more information, visit my blog at www.PhillyMarketNews.com and be sure to register below! We'll have coffee and donuts waiting for you at the event.

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728 South Broad Street

3rd Floor

Philadelphia, PA 19146

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