Get approved for a short sale, even if you're not broke
If you're unemployed without income and have very few assets at all, the information on this page doesn't apply to you. But, if you're like the millions of Americans who still have a good job and a modest savings... but who also have an underwater mortgage that's holding you back from your dreams with every inflated mortgage payment that you make, read on.
Not every hardship is the same, we understand. And because The LAMB Group also offers luxury real estate marketing services, we have seen first-hand that every burden is important to each homeowner who is forced to bear it, no matter how much money is in the bank.
Our goal has always been to help everyone successfully sell a home which is no longer appropriate for your lifestyle or your budget, regardless of your specific financial situation.
In spite of the sometimes narrow definition of “hardship” that banks may use, we’ve spent years successfully devising strategies to ensure that your hardship, your burden, fits into the definition that your bank uses to determine qualification for a short sale.
We don’t believe that you should have to be unemployed or completely broke in order to take advantage of the options that exist to help homeowners who are underwater on their mortgage. And we don’t think that you should have to spend every dime of your life savings just to pay another year's mortgage payments, only to be in the same situation as you are today (but without any savings at all). There is a better way.
All income and all assets must be disclosed to your lender when processing a short sale. However, there is a right and wrong way to do this. Working with a short sale specialist who understands the strategies required in high-net-worth scenarios will probably save you thousands, but it can also make or break your chances of success altogether. Here at The LAMB Group, we work with our legal partners to make sure that everything we say & do promotes short sale approval and decreases the chances of your bank asking for cash from you at closing.
We can't guarantee that everyone will always obtain the highest & best outcome... but we can promise that working with the luxury short sale experts at The LAMB Group is the best way to procure the best possible results, even when you have a good job and modest savings. No matter what, our experts will always do everything possible to save you money in a short sale and, if you don't like the results, you're never committed to doing anything that you don't want to do.
For honest feedback regarding what to expect during the course of a short sale of your home, luxury or otherwise, submit your questions using the form on this page, or call us today at (888) 244-4760.