How Long Does A Home Need To Be On The Market Before It Qualifies For A Short Sale?

There is not specific time frame that a home needs to be on the market. However, it does help prove to the lender or the servicing company that every effort has been made to sell the home at the highest market value. It is much easier to ask for a concession if the MLS history demonstrates the home has been on the market for 12 months and has had 17 showings with only 1 offer, as opposed to 7 days on the market and 4 offers.

Please call 1-800-480-1917 or simply e-mail ZOOMLossMitigation@gmail.com with any additional questions.

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