REC Group

Services - Short Sale Expertise

What is a short sale? A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the mortgage balance that is owed by property owner. The holding the mortgage agrees to allow the home to be sold for less than the amount owed on the debt. While the bank allows just about any borrower to qualify for a short sale due to the rough economic conditions present, the process is very complex and can be extremely frustrating for all parties involved.

While most real estate professionals spend their time complaining about banks and running away from these types of transactions, we run towards them to embrace the challenge.

Why do we target short sales? The Rec Group has cultivated a unique approach developed through experience dealing with every major lender in the country. There are three major components that are crucial to getting short sale transactions completed.