Hello everyone I am Matt Fetick with Sold By Short Sale, Philadelphia’s leading short sale specialist, I am so glad you could join me today. One of the things I am committed to as a realtor is to provide the best information to my community and that is why I started this website.

Through my website I strive to provide relevant information to homeowners in the Philadelphia area who are looking for alternatives to foreclosure. In my line of work the most frequent question I get asked is how do I know if I am underwater on my property.

Owning a underwater property has become more prevalent in the Philadelphia area and often times people are too embarrassed or scared to seek out help. Because of this scenario we provide to you our short sale calculator for free on our website.

Once you have entered some basic information in to the short sale calculator the program will provide feedback on your current mortgage situation. The short sale calculator will require some information about your home and thanks to our partnership with Zillow we can then acquire the home values for properties comparable to yours in the area. Once this information is processed the short sale calculator can spit out a current market value for your home.

Once we have found a current market value you will need to enter in specific information about your mortgage. Finally, you will be presented with a report that tells you if you are underwater and if so how long it would take to no longer be underwater. This program provides a great snapshot of your specific situation and may help you decide if a short sale is right for you. If you have any short sale questions or would like to get started to day please contact me or visit my website.

Thank you for your time and I look forward to hearing from you.

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