Behind on Payments?
What is a short sale?
A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt. Currently many lenders will consider the debt paid in full and satisfied upon acceptance and closing.
If you are interested in finding out if you can qualify for a short sale, please complete the information below.
Note: The short sale process is NOT for the faint of heart. In can take time and work. Be prepared to provide copies of taxes, pay stubs, mortgage statements. It can take work, but IT IS DEFINITELY WORTH IT, to save your credit!
Before submitting the form please click on this link to print out a short sale packet.
Short Sale Packet
Upon completion, please return the packet to:
by fax: 910-438-0882 (Attn: Short Sales)
by email: Trg.shortsales@gmail.com
by snail mail: The Residential Group
103 Roxie Avenue
Fayetteville, NC 28304