Short Sale Basics
When you are facing financial difficulties and find it impossible to make your monthly mortgage payments, you may find yourself facing foreclosure on your home. However, you may be able to avoid foreclosure by taking advantage of a short sale. If you owe more money on your home than you can pay back, a short sale could be a good solution for you and your loved ones.
Because you have to have the approval of your lender in order to make a short sale happen, you need the assistance of an experienced attorney who can help you through the negotiating process. If you are considering a short sale, contact an experienced Maryland mortgage modification attorney of Chaifetz & Coyle, P.C., today at 443-546-4608 to discuss your options.
How a Short Sale Can Help
Many people do not want to face the devastating effects of a foreclosure, so they consider a short sale a viable alternative, allowing them to deal with their financial difficulties and begin again on the path to financial stability. Some of the benefits of a short sale include:
- Avoiding foreclosure
- Consolidating debt
- Paying off some debt
- Avoiding harassing creditor calls
Many people are discovering that short sales can be extremely beneficial when they are facing financial difficulties and mortgage payments they can no longer make.
At Chaifetz & Coyle, P.C., our Maryland mortgage modification attorneys can help you through the process of a short sale or help you find other ways to fight foreclosure. Contact us today at 443-546-4608 to discuss your options.