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How to Setup a Short Sale to Avoid Foreclosure at Your Home

By: Homestead Road A Leading House Buyer Since 2006


Know the requirements and get prepared

The first step is getting familiar with the requirements that make

your home eligible for a short sale.

By: Homestead Road A Leading House Buyer Since 2006


Contact your lender

Once you are sure that you meet all requirements,

contact your money lender and notify him about the

short sale. Chances are there that he will offer you the alternatives.

By: Homestead Road A Leading House Buyer Since 2006


Hire a real estate agent

Now, This is time to hire a

real estate agent who would have experience in the short sales. Ask him for the tips to prepare your home for short sale.

By: Homestead Road A Leading House Buyer Since 2006


Inform your lender about the offer you get

contact your lender when you receive an offer. He will conduct

the valuation and appraisal for determining the right price of the house By: Homestead Road A Leading House Buyer Since 2006


Get final approval from your lender

Once all the parties- the lender, the buyer and you

agree on a price, get the final approval from your lender to sell the house. The lender can take a 30 days period for approving

or denying the approval By: Homestead Road A Leading House Buyer Since 2006


What Homestead Road Do?

By: Homestead Road A Leading House Buyer Since 2006


How to setup a short sale to avoid foreclosure at your home