Well hello I am Matt Fetick with Sold By Short Sale, Philadelphia’s leading short sale specialist, thank you so much for checking out my blog today. My team and I specialize in short sales with in the Philadelphia area and I update my blog frequently to provide underwater property owners with the information they need to avoid foreclosure and get out from under their debt. If my blog is helpful today please take a few minutes to browse around my website for even more information or contact me directly to set up a free consultation.

For our blog topic today I wanted to discuss qualifying for a short sale and what criteria need to be meet. This is by far the number one question I get asked and it is important to know in case you find yourself needing to sell your home. Of course I cannot tell if you qualify for a short sale unless you contact me or someone on my team and we look over your current financial situation. Having said this I can tell you that the last thing your bank wants is to be stuck owning your home. Your bank is in the business of lending money and having to taking care of foreclosed properties is something they try to avoid. I have worked with large national banks and regional banks in the Philadelphia area and all of them are in favor of a short sale versus a foreclosure. As a homeowner the most important thing to know is that a valid hardship must be present in order to qualify. Some examples of a valid hardship include job loss, job relocation, and divorce just to name a few. I want to help you get out from under your distressed property but I cannot do that until you contact me. If you would like to set up a free consultation or just more information please visit my website or give me a call today. Thank you for your time today and I look forward to hearing from you in the future.