Is a Short Sale the right choice for you and your Washington DC Property?
If you owe more on your home than it is currently worth and want or need to sell… then you are a prime candidate for a short sale. Here are a couple of important factors in determining if a short sale is right for you and your family:
1. You are behind on your mortgage payment and are unable to keep up with all of your monthly obligations. Some of the reasons for falling behind on your mortgage payment may include sudden change in monthly household income, loss of job, divorce, and more.
2. You are NOT behind on your monthly mortgage payment and have come to the decision that staying in your home is not a good “business decision” or “financial decision.
You can also learn more about the Short Sale process by going to these posts on our blog!