“How do I know if I qualify for a short sale?”
Answer:
The only way to know 100% is to go through the process and see if your lender(s) approves you.
Of course, it would be nice to know in advance if you’re likely to be approved, so you don’t waste a lot of time and effort by being denied.
I can PRE-qualify you, meaning talk with you and ask you questions and tell you if you’re likely to qualify.
Call our office and we can tell you over the phone whether you will likely qualify. We have former underwriters from major national lenders who work in our office on our short sale team. The overwhelming majority of our clients are approved for a short sale because 1) we know how to submit the short sale package in such a way that the lenders will approve them and 2) we have a tremendous amount of experience with short sales and negotiating with the lenders.
