In a perfect situation, a homeowner would sell a property for as much as possible and certainly not sell for less than market value or for less than what was paid. However, job loss, long-term illness, or a dramatic rise in living expenses may leave homeowners in hardship. A short sale may be a viable alternative to foreclosure for homeowners who can not afford their home and are "upside down" (owing more than the home is worth in the current market conditions). Homeowners who are unable to sell their home as a traditional resale may attempt to sell the home as a short sale, asking the lender to accept less than what is actually owed at the close of escrow.

Short Sale Advantage provides the expertise of working closely with lenders to obtain approval on short sale transactions to ease the process and provide a higher success rate for short sales closing escrow and, in turn, providing the seller with a fresh start.

A few of the benefits of a short sale include:

• The mortgage is paid off; you will no longer need to make payments to your lender(s).
• A seller has no out-of-pocket expenses when working with SSA, including property repairs, closing costs or the real estate agent's commission.
• Credit reports will avoid having a foreclosure notation.
• Sellers receive a fresh start!