Myth #5 – The 7 Most Dangerous Short Sale Myths

The Mountain Life Team Blogger May 1, 2010

A Short Sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.

Myth #5 – Short Sales Are Impossible And Never Get Approved

This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not.

For example, agents with the Certified Distressed Property Expert® (CDPE) Designation receive thousands of short sale approvals on a monthly basis. These professionals have undergone extensive training in methods to help homeowners in distress and process short sales. While there are no guarantees in any transaction, more and more short sales are being approved regularly. This is far from an impossible process.

Please Come Back To “The Porch” Soon For Myth #6

Please Contact Me, or call me NOW  at 706.994.8686 if you, or someone you know is struggling with their mortgage. I will be more than happy to offer any assistance that I can.

Related Articles that you may be interested in reading:

Myth #1 – The 7 Most Dangerous Short Sale Myths

Myth #2 – The 7 Most Dangerous Short Sale Myths

Myth #3 – The 7 Most Dangerous Short Sale Myths

Myth #4 – The 7 Most Dangerous Short Sale Myths

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