Short Sale

If you cannot afford your mortgage, and staying in your home is no longer an option, a short sale might help you avoid foreclosure. This allows you to sell your home for less than what is owed on the mortgage. You may also be able to be released from having to repay the remaining balance.

CALL

your Caliber Cares Representative at 1-800-401-6587 - if a Short Sale is right for you, they will connect you with a Short Sale Specialist who can help you get started.



COMPLETE

the needed documents. You or your Agent can go to Res.net to start.



VALUATION

- Your Realtor will provide a listing price reflecting market value. Caliber may order a Broker Price Opinion (BPO) to aid in determining the right asking price.



Receive an

OFFER

and if approved by Caliber and the Investor on your loan, you and your agent will receive a letter with next steps.



CLOSING

- Once the offer is approved, work with your Real Estate Agent, buyer and Short Sale Specialist to schedule the closing.

Go Back

Contact your Caliber Cares Representative for assistance today.
( Call 1-800-401-6587 )

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