Hello everyone Matt Fetick here with Sold By Short Sale, Pennsylvania and Delaware’s short sale specialist, thank you for your time today. I am working with distressed property owners every day to find the best alternative to foreclosure for your unique situation. If you are at risk of missing a mortgage payment please reach out to a short sale expert like myself before any damage is done.

In my blog today I wanted to talk with area homeowners who may be at risk of defaulting on their mortgage payments about the opportunity to complete a short sale. While not available in the past it is now possible to complete a short sale through many area lenders without every missing a payment on your mortgage. In the past your lender would require you to have a valid hardship and also be behind on your monthly payments but this is no longer the case. A valid hardship is still required and this would include job relocation of more than 20 miles, divorce, or death of the financial head of home. Even missing one mortgage payment can severally harm your credit so this is a great option for underwater homeowners. In fact, if able to complete a short sale while staying current on your mortgage you may see little to no damage on your credit report. That is why it is always important to contact a short sale specialist if you are having trouble or foreseen problems making your mortgage payments. If your mortgage is severally underwater and you are in this position please give me a call to learn more about your options.

On my website you can also try my Short Or Stay Calculator to find out when your home may be worth what you currently owe. If you have any questions on your options for avoiding foreclosure please call or e-mail me today to chat. Thank you for your time and I look forward to helping you in the future.