Potentially losing a property for whatever reason is hard. So hard that it can be compared to the grief process, starting with denial, anger, bargaining, depression and finally acceptance. If you have gotten your Notice of Sale and are just coming to that acceptance, you still have the ability to take advantage of the ability to short sale a home.

 

Short Sale

A short sale means that your house is not worth more than the liabilities and closing costs would be in a market value transaction. That doesn't mean you are out of options to protect your family. 

 

The short sale process can be challenging for sellers. The unknowns and requirement to pick up and move everything in your life is a daunting prospect. Throughout the 2007 market crash, the All Montana Team transacted over 400 short sales in a three year period. 98% were effectively transacted with the bank's approval on the purchase price. We have professional negotiators interface with your banking institution to submit and approve the purchase agreement.

 

This is a time consuming process, and the process to stop the foreclosure can be potentially drawn out. As soon as you come to acceptance that the sale of the asset is the only way to keep a foreclosure off your credit record while potentially buying you more time to make your next move, you need to move quickly. All Montana Team can do a lot with a little time, but there is such thing as the point of no return where the process is too far along to stop or influence the outcome.