Welcome to IdahoShortSaleHelp.com

Thank you for visiting Idaho Short Sale Help.  You have come to the leading place to find information and help on Idaho Short Sale Properties. 

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• Do you need to sell your house because of financial hardship?

• Do you owe more on your property than it is worth in today's Real Estate Market

• Has your mortgage payment adjusted and now you cannot afford the monthly payments?

• Are the mortgage payments that you used to make on time now a few months behind or more?  Or perhaps you only have a few more monthly payments covered and then the money is going to run out?

Call or email us for a confidential, no obligation consultation to see if a Short Sale can work for you.

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What is a Idaho "Short Sale" aka "Short Pay" or "Pay Off"

An Idaho "Short Sale" is the sale of a house in which the amount the home sells for is less than what the current owner still owes on their mortgage.  Many banks / lenders will agree to accept the proceeds of a short sale, and forgive the balance of what is owed on the mortgage when the current owner can prove they cannot make the morgage payments.  

 EXAMPLE:  If a homeowner owes $100,000 on his current mortgage, and he is able to sell his home for $90,000 in a short sale, the bank/ lender may accept the $90,000 as payment in full, and forgive the remaining $10,000.

In most approved short sale situations, the bank/ lender typically agrees to pay the Sellers closing costs and Realtor fees as well.  A seller CANNOT make a profit when doing a short sale.

The Short Sale process is generally used to avoid Idaho foreclosure of your home.

If you are looking for a team of "Realtors That Do Idaho Short Sales", you have come to the right place.

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WHY WOULD A LENDER CHOOSE TO ALLOW A SHORT SALE?

A mortgage lender may choose to allow a Idaho Short Sale on a property so that they can avoid the typically lengthy and costly foreclosure process/ proceedings. 

Banks and mortgage lenders are in the business of lending money, not holding real estate.   When a borrower defaults on his/her loan, the bank /lender must then foreclose on the property.  Foreclosures are very expensive and can cost a lender several tens of thousands of dollars. 

It is much easier, and in most cases more advantageous for a lender to allow a Idaho Short Sale where a Realtor markets and sells the property, typically allowing the lender to make out better financially that a foreclosure would allow.

Are you thinking about purchasing an Idaho Short Sale or Foreclosure Property?  Visit our BUYERS INFORMATION Page on the left hand column for more information or CONTACT US.

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Our Team of Realtors currently negotiate Idaho Short Sales and Pre-Foreclosures in the Following Idaho cities:

Boise Idaho Short Sales	Meridian Idaho Short Sales	Eagle Idaho Short Sales
Kuna Idaho Short Sales	Star Idaho Short Sales	Nampa Idaho Short Sales
Caldwell Idaho Short Sales	Middleton Idaho Short Sales	Emmett Idaho Short Sales