
Short sale specialists
A better path forward, handled with care.
If you’re facing the possibility of foreclosure, a short sale may be a viable option. We understand the urgency and sensitivity of your situation, and we work diligently toward a smooth, successful outcome.
№ 01Why it matters
Experience makes the difference.
Short sales can be complicated, and it’s crucial to have a knowledgeable, experienced real estate professional on your side. Our brokerage specializes in short sales, with team members experienced in negotiating with lenders, working with distressed homeowners and handling the paperwork involved.
We have built strong relationships with lenders, and we work with a network of professionals (attorneys, appraisers and home inspectors) who can provide additional support and guidance as needed.
Agents on our team, including Lenora Maple, specialize in short sales, REO and foreclosure transactions.
This page is general information, not legal or tax advice. Please consult a New Jersey real estate attorney and a tax professional about your situation. A free HUD-approved housing counselor can also help; you can find one through the CFPB.
№ 02How it works
The short sale process.
- 1
Confidential evaluation
We review your financial situation and help you determine whether a short sale is right for you, alongside your attorney and advisors.
- 2
Pricing & listing
We price the home to attract a qualified buyer and support lender approval.
- 3
Lender package
We help assemble the hardship letter and financial documentation your lender requires.
- 4
Buyer offer
We secure a qualified buyer and submit the offer to your lender for approval.
- 5
Lender negotiation
We work directly with your lender through its review and valuation process.
- 6
Approval & closing
Once the lender approves in writing, we guide the sale to closing.
№ 03FAQ
Short sale questions.
What is a short sale?
A short sale is a real estate transaction in which the homeowner sells the property for less than the amount owed on the mortgage, and the lender agrees to accept the proceeds of the sale under the terms of its written approval.
Can a short sale help me avoid foreclosure?
For many homeowners, a short sale is a viable alternative to foreclosure. Every lender's process and terms differ, so it's important to get the lender's approval and any deficiency terms in writing and to speak with a real estate attorney.
How long does a short sale take?
Timelines vary by lender and by the number of liens involved. Lender review is typically the longest step. Our relationships with lenders and complete, organized documentation help keep the process moving.
Can buyers purchase short sale properties?
Yes. Short sales can benefit buyers, though they require patience and properties are often sold as-is. We help buyers identify short sale opportunities and structure offers that lenders are likely to approve.
№ 04Confidential consultation
Talk with a short sale specialist.
Every situation is different. Reach out confidentially and we'll help you understand your options.
- 908-223-5306
- info@pgrealtyhomes.com
- 59-61 Elmora Ave., Suite LL, Elizabeth, NJ 07202
- Monday – Saturday, 9:00 AM – 6:00 PM
