What is a Short Sale?

 

A:

A short sale is a property sold through an agreement with their mortgage bank to accept less than what is owed on the home. By accepting this offer, banks are able to avoid a lengthy and costly foreclosure process. Short sales are complex transactions, and while the bank has the final say on sale price, the existing mortgage owner still has say in the process. An experienced real estate attorney is key in successively negotiating this process.


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Mega Title, LLC

721 Route 34, Suite 3
Matawan, NJ 07747
Phone: 732-242-9835
Toll Free: 877-550-MEGA
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  • Samah and her team at Mega Title were efficient and professional in
    handling our refinance closing. I had used them in a prior refinance
    and was so impressed with the attention to detail that I came back
    this time again. They are accomodating to your schedule, meet the
    deadlines so they don't waste your time and most of all treat you as
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    for better service - they took care of everything. Just had to show
    up and sign.
  • As a real estate attorney, I have dealt with numerous title companies.
  • I recently refinanced my home. Mega Title really made my life much easier.
  • I really appreciated the excellent service and caring attitude during my refinance.
  • I can't express how impressed I am with your customer service!

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