Short Sale | Short Sales of Homes 

The advent of the economic recession, following the largest run-up in prices in several decades encouraged by "relaxed" standards for buyer qualification, has led to many sellers encountering severe financial setbacks. Consequently 30-40% of home sellers have a "negative" or short equity position and are unable to maintain their current mortgage obligation. In order to avoid going through a foreclosure proceeding many home-owners choose to try to sell their home short or for less than the amount they owe which is known as a "short sale". There are federal programs available to encourage the banks to accept short sale offers and there are business reasons why it may make sense for the bank to accept less and avoid becoming a home owner. Short sales of homes in South Snohomish County WA are the opportunity of a lifetime.

EVERETT, MUKILTEO