Southern Utah Short Sales

Short Sales and Foreclosures are very similar. The difference is that before a home is foreclosed, a current owner may make an agreement with the bank to quickly sell their home in order to cover unpaid costs and thereby avoid heavier credit issues. This allows the former homeowner to avoid bankruptcy, and though the bank/lender may lose some money, they are alleviated of the complicated foreclosure process.

Short sales often take a little more time for processing, but the payoff, like a foreclosure, is a great deal. Unlike a foreclosure, the house will not have been left empty for an extended period of time, which traditionally diminishes the need for repairs.

Be Aware

Typically a fair amount of paper work must be done to finalize a short sale. Additionally, not everyone qualifies for a short sale, you must meet certain bank-determined criteria. We urge you to meet with a real estate agent to discuss a short sale, and feel free to browse by clicking the links below! We want you to find the short sale that works for you.