First of all, what is a short sale?  A short sale occurs when a homeowner owes more on their mortgage(s) than the market value of the home.  It’s  similar to being “upside down”  on your car. 

Please understand that there are options available.  The worst thing to do is to be in denial and hide from the situation.  If you can keep making your monthly mortgage payments and can afford to ”ride out the market”, that would be the best option.  However, if you need to move because of a life change or you simply can not afford to keep making payments, then you need to contact a Realtor who has experience and can assist you with the short sale process. 

Everyone’s situation is unique.  If you don’t know who to contact or how to start the process, please contact me for a free consultation.  I’d be happy to explain the process and arm you with the information you need to make an educated decision.  If you live outside the Harrisburg area, I can put you in contact with a Realtor in your local market who has expertise in dealing with short sales and foreclosures.  I can be reached at Michelle@HarrisburgHouses.net or (717)623-8508.