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South Dakota Short Sale Experts

South Dakota's Leading Real Estate Company Specializing

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What is a short sale

Short Sale
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short sale experts

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Learn how we have successfully helped hundreds of homeowners complete a short sale transaction. Also learn how we obtained short sale approval letters from the lender(s) in South Dakota. We have the resources and experience to help you sell your home and you pay nothing out of pocket.

DEFINITION OF A SHORT SALE.

When a lender agrees to take less money than is owed on a property, it is called a short sale. The advantage of a short sale is there when the net amount of money from the short sale is not enough to cover the amount owed, but the lender agrees to take it. In this manner, in a successful short sale, the lender agrees to let go of the remaining balance, thereby allowing the homeowner to walk away without any loan or contractual obligations to the lender. The professional team helps negotiate the short sale with the lender – convincing them to access less than the full amount. This means the debt is paid off “short”. All the fees that are involved in a short sale will be paid by the bank (lien holder) and there will be no out of pocket expenses for the seller. The lender walks away happy because they don’t have to go through the expensive and lengthy process of a foreclosure process, and the homeowner wins because they don’t have the effects of a foreclosure to worry about as far as their credit rating is concerned.

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List your home

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List your home for sale in South Dakota.

Right now is the perfect time to put your house up for sale. Get in touch with one of our short sale specialists to assist you with the short sale transaction process.

What are your options?

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Try other options before conducting a short sale.

See what other options are available to you before starting the short sale process. Your lender may work with you on payment and interest options. Learn More

Foreclosure timelines

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Late on payments? Know the foreclosure timeline in California.

Is your home in South Dakota, about to go to auction? Avoid foreclosure in South Dakota by knowing the commoon foreclosure timeline in South Dakota. Learn More