Myths about Short Selling

1. You do not always need to be late on payments to qualify for a short sale.

2. You do not need a lawyer to short sale or mitigate the sale of your home(never pay upfront fees).

3. If you have 2 loans you CAN get both lien holders to settle for little or no liability.

4. If you claimed bankruptcy, you CAN still short sale the home to avoid forecloser minimizing credit damage.