Carolinas Metro Realty



Toll Free: 866-373-0917
Local: 704-405-0634
Fax: 866-357-5331
Short.Sale@CarolinasMetro.com

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SHORT SALE FACTS

-Selling your house as a short sale is of no cost to you.  The lender or mortgage company pays the listing agent.

-A short sale can prevent you from a foreclosure.

-Doing a short sale is usually faster and less expensive than a foreclosure.

-Banks are typically willing to negotiate deficiency judgments after short sales, with foreclosures they are not negotiable.

-You might be eligible to buy a home after 2 years of your short sale versus 5 years after foreclosure.

-You might be denied for a job if you have a foreclosure on your record.