What is a Short Sale?
A homeowner is short when: A borrower owes an amount on his property that when combined with closing costs and commission 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. A buyer closes on the property and the property is "sold short".
Bad things can happen to good people. And that's why the DFW Real Estate Team and Edwena Potter are here to help. As a CDPE, Certified Distressed Property Expert, Edwena Potter understands the short sale process and what is necessary to help homeowners avoid foreclosure.
Helping a homeowner with a short sale is an involved process that takes time, patience, good communications skills, organization and professionalism. The DFW Real Estate Team has the systems, contacts and skills needed to help as many homeowners as possible avoid foreclosure; one family at a time.
If you or someone you know is strugging with their mortgage, facing foreclosure, or experiencing a life event that is impacting their financial ability to pay their mortgage, please call or email us. We are here to help!
Edwena Potter 214-908-5564
