Broker, South Florida Residential Realty
I OWE MORE THAN MY HOME IS WORTH. WHAT CAN I DO?
Generally, time plays a major role in your options. Given a reasonable amount of lead time, one popular option is a "Short Sale". A Short sale is when you would sell your home for less than what is owed, subject to the Mortgage Lender's approval.
As mentioned, this is the most popular option, but it's not the only one. To better answer this complex question, let me know more about your circumstances by filling out the form below. All information will remain confidential.
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