Salt Lake City short sales are complicated but, can help sellers who owe more than home is worth. A short sale occurs when a property is sold for less than the total debt owed on the property. Salt Lake City short sale must be approved by the lenders and borrowers requesting a short sale must prove a hardship such as a mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation. Our short sale agent has a high success rate on approvals from the banks and closed short sales in Salt Lake City 84044, 84050, 84101, 84102, 84103, 84104, 84105, 84106, 84108, 84109, 84110, 84111, 84112, 84113, 84114, 84115, 84116, 84119, 84120, 84122, 84128, 84132, 84133, 84134,84136, 84138, 84139, 84141, 84143, 84145, 84147, 84148, 84150, 84151, 84152, 84158, 84180, 84184, 84189, 84190, 84199, West Valley City, South Salt Lake, Millcreek, Midvale, Taylorsville, Murray, Cottonwood Heights, West Jordan, South Jordan, Sandy, Riverton, Draper, Herriman, Bluffdale, North Salt Lake, Bountiful, Centerville, Eagle Mountain, and Park City, Utah. Short sale Salt Lake City only happens when there is an absolute warranty that the money worth of your home can not increase in the future. In order to avoid the risk of a total loss, the financial institution often approves the reduced amount of short sale.
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