Short Sale Group · Options
Your home may be worth less than you owe. That doesn't mean you're stuck.
Before you make a major financial decision, see your real numbers and the paths that may be open to you.
Private · No obligation · No out-of-pocket cost to homeowners
Section 2
The Equity Reality Check
Three numbers. Thirty seconds. Nothing is saved unless you choose to send it.
Include any second mortgage or HELOC.
Commissions, closing costs, and fees typically run 6–10%.
Estimated shortfall at closing
$80,000
In a traditional sale, you could be asked to bring about $80,000 to closing. A lender-approved short sale is one way homeowners sell without bringing that money — depending on your lender, your loan, and your circumstances.
Illustrative estimate only. Not an appraisal, offer, or prediction of what any lender will do.
Section 3
Paths people in your position explore
Neutral and educational. None of these is a recommendation — only you can decide what fits your situation.
Stay and keep paying
If the payment is manageable and you plan to stay, waiting for values to recover is one option.
Talk to your servicer
Some homeowners qualify for a loan modification or other assistance directly from their lender.
Sell traditionally
Possible if you can cover any shortfall at closing.
Short sale
Your lender agrees in writing to accept less than what's owed. Often paired with a deficiency waiver, so the remaining balance may be forgiven.
Section 4
Meet Richard
I've spent years negotiating short sales with lenders. I start by looking at your real numbers and telling you plainly what I see — including when a short sale isn't the right fit. You'll know your choices before you decide anything.
— Richard Worcester, Short Sale Specialist
- Paid at closing, never up front
- Your lender approves the fee in writing
- If it doesn't close, you owe nothing
Section 5
Talk it through with Richard
A private conversation, not a long application.
Section 6
Short FAQ
Not always. Lenders may consider a short sale when you're current but facing a real hardship and the home is worth less than you owe.