What are Short Sale Companies?

Short sale companies are third party businesses that help real estate agents and homeowners handle the complicated process of short selling a home. Short sales are a type of transaction that allows a homeowner who is “under water” on their mortgage – or facing some other hardship – to sell a home for less than what is still owed on the mortgage.

Short sales are notoriously difficult transactions to complete because the lien holder (lender) of the mortgage doesn’t want to lose money on the sale of a house. Files and forms are often misplaced, passed around between several bank employees, or moved to the bottom of the pile if information is amiss.  Short sale companies can help relieve the time-consuming administrative burden of continuously following up with the bank, which is normally placed on a real estate agent and homeowner. Additionally, the short sale negotiators at these firms have the expertise to help push the transaction – which could take up to several months to close – through the proper channels.

More and more short sale companies are popping up in response to the volatility of today’s housing market and the glut of homeowners about to default on their mortgages. Working in tandem with a REALTOR ® or real estate agent, a short sale company can help a homeowner avoid foreclosure, which may preserve his or her credit standing.

Homeowners in the Tampa Bay area who are facing foreclosure, dealing with illness, divorce, or unemployment can turn to the REALTORS ® Nathan Bangs & Associates for help. As a short sale specialist and Certified Distressed Property Expert (CDPE), Nathan Bangs has helped quickly and efficiently facilitate short sales for many residents of Tampa, Clearwater, Brandon, St Petersburg, Valrico, and elsewhere throughout Hillsborough and Pinellas counties.

If you want to sell your home fast, contact Nathan Bangs & Associates today.

IMPORTANT NOTICE regarding short sales and short sale services: Keller Williams Realty is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.