Hello, I’m Matt Fetick with SoldByShortSale.com, Pennsylvania and Delaware’s leading short sale specialist. I want to thank you for visiting our website and would like to share some information with you today that I think is extremely important.

We often get phone calls from people that need to sell their home but they currently owe more on their home than what it’s worth. They may not even be behind on their mortgage payments, but are getting to a place where they may start to fall behind. I want to let you know that there’s now a short sale program out there that many lenders are working with that allows you to no longer be in default on your mortgage if you have a substantial hardship. This includes some of the big reasons such as death of one of the mortgage holders, divorce and job relocation; these are the three main ones that we see. Reduction in income is also another reason that we can use as a substantial hardship on your mortgage.

If any of these are true for you and we can show legitimate hardship, it’s possible you don’t need to fall behind on your mortgage payments to get your short sale approved. There are certainly a lot of different circumstances and we would have to help you determine whether or not the situation would work for you, however we want to encourage you to give us a call. We may be able to walk you through a process where you could stay current on your mortgage but still complete a short sale. We also would like to explain to you what these ramifications would look like.

If you would like to know more information about doing a short sale without having to be in default on your mortgage, please check out our website at SoldByShortSale.com or give us a call.