A Short Sale allows a person to sell their home for less than the amount owed on the mortgage. Homeowners that are either behind on their mortgage, can no longer afford to make payments, or are in pre-foreclosure, will often attempt a short sale on their home.
Cornerstone Law Group, LLC is available to guide homeowners through every step of the the short sale process. Many of our own staff members have been through a short sale, so we understand the extreme pressures that a homeowner faces during difficult financial times. Our dedicated team of real estate agents, negotiators, attorneys, and CPAs will provide you with the knowledge to understand the process and how decisions fit to your specific situation.
Many experts believe that a short sale is better than a foreclosure because of the following reasons: