Questions
What is a Short Sale?
Who is Short Sale Assistance Group LLC?
How long does the process take?
Answers
A ‘Short Sale’ is in essence a discount that a mortgage lender is willing to accept off of the original balance of a loan (mortgage) encumbering real estate. Lender(s) will typically consider a short sale on properties that have little or no equity and are either behind in payments or in imminent danger of being behind. Back to Top
Who is Short Sale Assistance Group LLC?
We are a short sale outsourcing, negotiation, and consulting service who works with Realtors, Sellers and Lenders. We are also:
- Here to assist realtors with short sales
- Here to provide solutions for sellers and lenders alike
- 6+ years experience in short sales Back to Top
How long does the process take?
The Short Sales process contains many phases and can be a lengthy process. The time can vary depending on the cooperativeness of the homeowner and the mortgage lender(s). Typically, short sales will take up to several months from the time S.S.A.G receives the completed short sale package to the closure date. As complicated as is, it is important to be patient during this process. It is also extremely important to coach your seller’s through this timely process. Back to Top