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

By: Homestead RoadA Leading House Buyer Since 2006

Know the requirements and get prepared

By: Homestead RoadA Leading House Buyer Since 2006

The first step is getting

familiar with the

requirements that make

your home eligible for a

short sale.

Contact your lender

By: Homestead RoadA Leading House Buyer Since 2006

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.

Hire a real estate agent

By: Homestead RoadA Leading House Buyer Since 2006

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.

Inform your lender about the offer you get

By: Homestead RoadA Leading House Buyer Since 2006

contact your lender

when you receive an

offer. He will conduct

the valuation and

appraisal for

determining the right

price of the house

Get final approval from your lender

By: Homestead RoadA Leading House Buyer Since 2006

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

What Homestead Road Do?

By: Homestead RoadA Leading House Buyer Since 2006