A homeowner is ‘short’ when they owe an amount on their property that, when combined with closing costs, is higher than current market value.
A short sale occurs when a negotiation is entered into with the homeowner’s mortgage company or companies to accept less than the full balance of the loan at closing.
The majority of Realtors at The Group, Inc. have completed extensive training from the premier short sale experts in the nation. They have been shown how to process a short sale completely, correctly, and ethically. In addition, The Group, Inc. has highly skilled short sale specialists on our staff to assist our Realtors and their customers with the short sale process.
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