The qualifications for a short sale include any or all of the following:

  1. Financial Hardship – There is a situation causing you to have trouble paying your mortgage.
  2. Monthly Income Shortfall –  A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
  3. Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

You are not alone! Please give me a call for more information  - 734-629-7222 or write me at info@waynecountyshortsales.com

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