Short Sale Real Estate

To short sale real estate is very different from short selling stocks. When a real estate investor short sale real estate, he or she takes a property which the homeowner is upside down on his or her mortgage and negotiate with the bank to settle the debt for less than the amount owed.

When can I short sale real estate?

Investors who short sale real estate work with homeowners who own upside down mortgages. These homeowners owe more on their homes than the homes are worth. When the homeowner:

• cannot afford to keep up with mortgage payments
• cannot sell the home on the market for enough money to pay off their loans, and
• don't have any equity in their home

they need to short sale real estate. When the three factors above are met, a homeowner needs to get with a real estate investor to help them with their short sale real estate.

Benefits of a successful real estate short sale

A successful real estate short sale on their home will:

• save the homeowner from having to go through the foreclosure process
• save their credit
• allow the homeowner to sell his or her home for what he or she owes (i.e. more than the market value of the home if sold on the real estate market)
• earn the homeowner some moving expenses

When a homeowner is upside down on his or her mortgage, consider short sale real estate before it is too late. The fast the real estate short sale process is initiated, the better chances of the homeowner's credit save and foreclosure experienced spared.