Let’s tackle the question about what happens with the amount of money that is owed on your mortgage that is unpaid by your Philadelphia short sale. This is a pretty simple answer, but the answer can differ by homeowner and lender.

First, if you have a HELOC, the lender always has the right to pursue you for the deficiency. Our goal is to get the lender to accept the payment as payment in full. We have been very successful at getting this done.

The key to getting the right answers for your short sale is to finding the agent that has the lots of experience and a high success rate. We have the experience and success rate to complete your Philadelphia short sale.

If you would like to know more about our experience and our success rate with different banks, please contact us and we would be happy to share that information.