Preferred Realty GroupPartners in Real Estate
Madison Phone: (608) 829-5000Fax: (608) 831-0283Beaver Dam Phone: (920) 887-1733Fax: (920) 887-1975

What is a Short Sale?

Known as a real estate short pay off or a pre-foreclosure workout.  A short sale is an agreement with a lender to accept less than the amount owed by a borrower via a sale of the property to a third party. With this agreement, the lender releases the borrower from the mortgage, thereby preventing foreclosure. a homeowner, do you think that your home might qualify to be sold by "Short Sale" with your lender.  

With distressed homeowners nationwide trying to avoid foreclosure, our Short Sale Department  provides a services to aid in the sale of short sale properties.  If for whatever reason you are currently behind on your mortgage payments - or foresee that you will soon be unable to continue making your payments - take heart: you do have options other then foreclosure.

Contract our Short Sale Department  at  and let us help you start the process before it is to late.       

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