Short Sale Information

If there isn’t a financially feasible way for you to keep your home, a short sale is an option that can give you a fresh start and avoid the foreclosure process.

• A short sale can allow you to sell your home for less than you owe on the mortgage, pending investor approval.
• If you want to pursue a short sale, have your real estate agent submit the Third Party Authorization Form to us via fax at 469-322-3886 or email at [email protected] to start the review process.

Note: Some investors will not permit a short sale if you have not been evaluated for all home retention solutions.

• We may request certain documentation to complete the short sale review. The short sale process could be delayed if the requested documentation is not received in a timely manner.

Note: A short sale may have tax consequences and/or impact your credit, so you’ll want to contact your tax advisor to discuss these potential impacts.

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