Don't Let a Foreclosure Damage Your Credit

Learn about a foreclosure alternative in Howell, NJ

Facing foreclosure can be a frightening and frustrating experience, especially when thinking about the impact it has on your credit. Having a foreclosure on your record can make it difficult to get approved for other forms of housing or financing. Weber, Fabiyan & Associates, LLC can help you avoid that outcome. We offer real estate short sale services in Howell, NJ and the surrounding area. You can count on us to help you sell your home before the bank forecloses on it.

Call 732-761-0813 now to find out more about the real estate short sale process. You can speak with a reputable real estate attorney right away.

What is a real estate short sale?

What is a real estate short sale?

A real estate short sale is a foreclosure alternative that allows you to sell your home before the bank takes possession of it. This process works by:

  • Putting your home on the market for less than the amount you owe to the bank
  • Marking the home as a short sale or subject lender home
  • Applying for short sale status through your bank
If the bank approves your real estate short sale application, then you can sell the house for less than the amount you owe on your mortgage and use the proceeds to pay the bank. The bank will usually agree to discharge your remaining mortgage debt after this sale.

To discuss this foreclosure alternative with a dedicated real estate attorney in Howell, NJ, call now. By performing a short sale, you can keep your credit score from plummeting after a foreclosure. Think you'll need help handling your relocation? Weber, Fabiyan & Associates can help you get up to $10,000 in relocation funds.