Short Sale Services

A Fresh Start Is Possible

If you're struggling with an underwater mortgage and facing the possibility of foreclosure, a short sale may be your best path forward. Our experienced team handles every aspect of the short sale process — from lender negotiation to closing — so you can move forward with confidence.

Why Consider a Short Sale?

A short sale may be the right solution if you find yourself in any of these situations:

Underwater Mortgage

Your home is worth less than what you owe, making it impossible to sell through traditional means.

Financial Hardship

Job loss, medical bills, divorce, or other life events have made your mortgage payments unmanageable.

Facing Foreclosure

You are behind on payments and want to avoid the severe credit damage of a foreclosure.

Relocation or Life Change

You need to move but cannot sell at a price that covers your mortgage balance.

Short Sale Benefits for Homeowners

For homeowners with an underwater mortgage who can no longer afford their payments, a short sale offers significant advantages over foreclosure.

Avoid Foreclosure

A short sale is far less damaging to your credit than a foreclosure. Foreclosures can remain on your credit report for 7 years and drop your score by 100–150 points or more.

Reduced Credit Impact

While a short sale does affect your credit, the impact is significantly less severe than foreclosure. Many borrowers can qualify for a new mortgage in as little as 2–3 years after a short sale.

Potential Deficiency Forgiveness

In many cases, lenders agree to forgive the remaining balance (deficiency) after the short sale, releasing you from further financial obligation.

Relocation Assistance

Some lenders offer cash-for-keys or relocation assistance programs to help homeowners transition out of the property.

Dignity and Control

Unlike foreclosure — where the bank takes the home — a short sale allows you to participate in the process, choose your timeline, and leave on your own terms.

Stop Harassing Collection Calls

Once a short sale is initiated and approved, collection activity typically ceases, giving you peace of mind during a difficult time.

Tax Relief Possibilities

Under certain circumstances, forgiven mortgage debt may be excluded from taxable income. Consult a tax professional for guidance specific to your situation.

Faster Recovery

Homeowners who complete a short sale typically recover financially faster than those who go through foreclosure, allowing them to rebuild credit and re-enter the housing market sooner.

Short Sale vs. Foreclosure

Factor
Short Sale
Foreclosure
Credit Score Impact
50–150 point drop
100–150+ point drop
Credit Report Duration
4–7 years
7 years
New Mortgage Eligibility
2–3 years (FHA)
3–7 years
Deficiency Balance
Often forgiven
May be pursued
Future Employment Impact
Minimal
Can affect security clearances
Emotional Control
You participate in process
Bank controls timeline
Relocation Assistance
Often available
Rarely available

Our Short Sale Process

01

Free Consultation

We review your situation, property value, and mortgage balance to determine if a short sale is the right option.

02

Hardship Documentation

We help you gather and prepare the required hardship letter and financial documentation for your lender.

03

Lender Negotiation

Our experienced team negotiates directly with your lender on your behalf to obtain short sale approval.

04

Property Listing & Sale

We coordinate with real estate professionals to list and market your property to qualified buyers.

05

Closing & Deficiency Release

We work to secure a full deficiency release, protecting you from future collection on the remaining balance.

Take the First Step Today

Our short sale specialists are ready to evaluate your situation and guide you through every step of the process — at no cost to you.

Get a Free Short Sale Consultation

Short sale services are provided as a negotiation and advisory service. Consult a licensed real estate attorney and tax professional regarding the legal and tax implications of a short sale. Deficiency forgiveness is not guaranteed and depends on lender approval. Tax consequences may vary; consult a qualified tax advisor.

Loan Masters Inc

Unlocking Potential, Together.

Equal Housing Lender

Licensing & Compliance

NMLS #2067141

Loan Masters Inc

Licensed Mortgage Lender & Broker — Michigan

Licensed Mortgage Broker — Arizona, Texas, Colorado

Commercial Lending — All States

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Equal Housing Lender

15620 N 35th Ave, Suite 9
Phoenix, AZ 85053
855-532-1300

Legal Disclosures: Loan Masters Inc (NMLS #2067141) is a licensed mortgage lender and broker. Licensed as a mortgage lender and broker in the State of Michigan (License #FL0023900). Licensed as a mortgage broker in the States of Arizona (License #BK-0950728), Texas (SML Mortgage Banker Registration), and Colorado (License #100523919). Commercial lending available in all states subject to applicable law. Not all products are available in all states.

Loan approval is subject to credit approval and program guidelines. Interest rates and program terms are subject to change without notice. This is not a commitment to lend. Not all customers will qualify. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.

Equal Housing Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.

Loan Masters Inc is not affiliated with or acting on behalf of or at the direction of FHA, VA, USDA, or the Federal Government. Hard money and non-QM loans are not government-backed programs. Short sale services are provided as a negotiation and advisory service; consult a licensed real estate attorney and tax professional regarding the legal and tax implications of a short sale. The AI HELOC application is provided by a third-party platform; approval times and credit impact may vary.

15620 N 35th Avenue, Suite 9, Phoenix, AZ 85053  |  Phone: 855-532-1300  |  Email: [email protected]

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