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What is a Short Sale? A "short sale" is the sale of property by agreement with the lender at an amount that is less than the amount of the current mortgage(s) balance.
Why would the bank or lending institution agree to a short sale? To reduce the potential loss from a non-performing loan and avoid additional costs of carrying and marketing the property in the event of a foreclosure.
How can I do a "short sale" on my home? Please complete our Property Submission Form and we will contact you within 24 hours.
I am an investor, how can I participate in your short sale program? By participating in or investing in American Equity Corporation's various programs organized to take advantage of short sale opportunities.
How can I find more information? contact our This e-mail address is being protected from spambots, you need JavaScript enabled to view it or call 1-800-614-9872 ext. 704. |
