A short sale is the process through which your mortgage company agrees to settle for less than what is owed to them.

They do this as an alternative to the expensive and time-consuming process of foreclosure.

Each mortgage company has their own set of processes through which they decide whether or not to accept a short sale, and while there are many similarities, each has its own requirements for approval.

As a third party mediator, we have a distinct advantage in negotiating with your mortgage company.

What Are The Advantages of a Short Sale?


• Sell Your Home Quickly and Easily for Top Market Value

• Pay Absolutely No Commissions & No Closing Costs

• Avoid Foreclosure & Bankruptcy

• Save Your Credit

• Potentially Walk Away From Your Home With No Debt And No Tax Consequences

At NoVA Home Savers, we work with your bank's loss mitigation team or legal department to make the process fast and easy.
When the home owner sells the property for less than the outstanding balance of the loan(s), and turns over the all proceeds of the sale to the lender, sometimes (but not always) this satisfies all remaining debt to the lender or bank.

Extenuating circumstances influence whether or not banks will discount a loan balance.

These circumstances are usually related to the current real estate market and the borrower's financial situation. NoVA Home Savers will negotiate with your lender all while protecting your rights.

For more information on how a short sale could benefit you please call NoVA Home Savers at (703) 562-1761 for a FREE consultation.

That is (703) 562-1761 for a free consultation on how a short sale can help solve your mortgage problems.