Homeowners / Benefits of a Short Sale
What Are the Benefits of a Short Sale?
A short sale is not just a way out — it is a path forward. Here is what it can do for you.
Thinking about a short sale may feel overwhelming, but the benefits compared to foreclosure are significant. The ShortSaleMyHome team guides you through every step — collecting documents, negotiating with lenders, and coordinating with your real estate agent — so you can focus on what comes next.
Eliminate Your Remaining Mortgage Debt
A short sale resolves your mortgage obligation permanently. You are no longer tied to a debt you cannot pay — and you can move forward with a clean slate.
Possible Relocation Assistance
In some cases, you may be eligible to receive relocation assistance at closing — sometimes as much as $3,000 or more. We will work to maximize what you receive.
Less Damage to Your Credit
A short sale is far less damaging to your credit than a foreclosure. It typically remains on your record for 2–3 years, compared to up to a decade for a foreclosure.
Buy a Home Again Sooner
A Fannie Mae mortgage is generally available to you about two years after a short sale. After a foreclosure, that same mortgage may be unavailable for up to seven years.
Move on Your Schedule
A short sale typically takes 3–6 months, giving you time to plan your next move without the sudden displacement that often comes with foreclosure.
No Repairs or Out-of-Pocket Costs
You do not need to make repairs to the property, and there are no costs to you whatsoever. We handle everything from start to finish at absolutely no charge.
Why ShortSaleMyHome?
Our team has years of experience helping homeowners and real estate agents through short sales in the Bay Area and beyond. We excel at getting approvals, maintaining clear communication between all parties, and making sure your short sale goes as smoothly as possible. Timing and documentation are critical — and our professionals do what it takes to get it right.
Ready to Learn More?
Call us at 408.740.7400 or schedule a free 15-minute Zoom call to discuss your situation.
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