What is a short sale? So far this year I have been involved in 3 short sales. A short sale is when a owner of a home can not sale the home for what is owed on it. In this case a mortgage company or bank may consider taking less than is what is owed and forgiving the unpaid balance. It is a much better solution than having your home go through foreclosure which will hurt your credit rating for a least 7 years. Many people do to job losses and unseen circumstances have gotten behind on there house payments. In these times it is much better to be pro active and contact a professional who can help you through these times. If you or anyone you know needs help and is considering a short sale as a solution. Please contact us at Cain and Company.

Tom Cain 217-352-5700