Foreclosure Support
Falling behind on mortgage payments doesn’t mean you’ve run out of options. At MTN & SEA Homes, we specialize in helping homeowners find dignified solutions to financial hardship—often with better outcomes than you might expect.
Our compassionate team provides confidential support without judgment. We understand that financial difficulties can happen to anyone, and we’re here to guide you through this challenging time with expertise and care.
Understanding Your Options
A short sale occurs when your lender agrees to accept less than the full amount owed on your mortgage. This allows you to sell your home for its current market value, even if that’s less than what you owe.
Benefits Of A Short Sale
- Avoid Foreclosure: Prevent the severe negative impact a foreclosure has on your credit
- Preserve Your Credit: While not impact-free, a short sale is significantly less damaging than foreclosure
- Move Forward Faster: Typically qualify for a new mortgage in 2-3 years, compared to 5-7 years after foreclosure
- Dignity & Control: Sell your home like a regular transaction, rather than through auction
- Stay In Your Home Longer: Continue living in your property throughout the short sale process
- Possible Financial Assistance: You may qualify for relocation funds (see below)
Understanding Your Options
A short sale occurs when your lender agrees to accept less than the full amount owed on your mortgage. This allows you to sell your home for its current market value, even if that’s less than what you owe.
Benefits Of A Short Sale
- Avoid Foreclosure: Prevent the severe negative impact a foreclosure has on your credit
- Preserve Your Credit: While not impact-free, a short sale is significantly less damaging than foreclosure
- Move Forward Faster: Typically qualify for a new mortgage in 2-3 years, compared to 5-7 years after foreclosure
- Dignity & Control: Sell your home like a regular transaction, rather than through auction
- Stay In Your Home Longer: Continue living in your property throughout the short sale process
- Possible Financial Assistance: You may qualify for relocation funds (see below)
How We Support You
Expert Bank Negotiations
Our team includes specialists who know how to effectively communicate with lenders. We’ll:
- Handle all communications with your bank
- Submit required documentation and follow up persistently
- Negotiate the best possible terms for your short sale
- Work to get as much of your debt forgiven as possible
Extended Stay Options
With our strategic approach, we can often help you:
- Remain in your home throughout the short sale process
- Potentially stay for several months during negotiations
- Plan your transition on a timeline that works for your family
Professional Representation
Your short sale will be handled like a regular home sale:
- Professional marketing of your property
- Quality photography and listing materials
- Careful screening of qualified buyers
- Expert negotiation of the best possible sale terms
Credit Protection Strategies
We work diligently to minimize credit impacts by:
- Structuring the short sale to protect your credit as much as possible
- Providing documentation for future lenders showing you resolved the situation responsibly
- Offering guidance on rebuilding credit after the transaction
Potential Benefits
Relocation Assistance Programs
Many homeowners are surprised to learn they may qualify for financial assistance when completing a short sale:
- FHA Loans: Up to $7,500 in relocation assistance may be available
- HAFA Program: May provide $10,000 in relocation incentives for eligible homeowners
- Lender Programs: Many banks offer their own cash incentives for cooperative short sales
Possible Cash Back At Closing
In some situations, homeowners can actually receive funds at closing:
- When the sale price exceeds certain lender thresholds
- Through structured relocation assistance
- Via negotiated seller concessions
Every situation is unique, and we’ll work to maximize any financial benefits available in your specific case.
Take The First Step Today
The sooner you reach out, the more options you’ll have. Our initial consultation is completely free and confidential.