01/20/2026
We recently closed on a short sale transaction for our client where the seller was behind on their mortgage payments and in a tough situation. A short sale is where the lender allows a financially distressed homeowner sell the property for less than the mortgage balance owed avoiding a foreclosure. This allowed the seller to avoid the massive credit hit and financial distress of a foreclosure while also providing a great deal for our client in the process. It was win-win for everyone!