A short sale in real estate occurs when the outstanding debt (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.

The information on this page is here to help you gain some insight on a Short Sale and help you understand how to avoid foreclosure.

Feel free to call me with any questions you may have.

Foreclosure Prevention

Hoosiers in danger of losing their home to foreclosure can now "get hope" thanks to the Indiana Foreclosure Prevention Network (IFPN), a public-private partnership headed by Lieutenant Governor Becky Skillman that is working to reduce the number of home foreclosures in the state.

IFPN has established a toll-free, confidential help-line for Hoosiers facing foreclosure: 1-877-GET-HOPE. The help-line is answered daily from 8:00 a.m. to 8:00 p.m. Callers will receive budgeting help, a written financial plan and/or assistance in contacting lenders, all of which are FREE of charge. If callers need more than what can be provided over the phone, they will be referred to a state-certified foreclosure prevention specialist in their area, also FREE of charge.

For more details on the Get Hope campaign, visit IFPN's website at www.877GetHope.org or download a brochure here.

The Indiana Association of REALTORS® is a proud member of the Indiana Foreclosure Prevention Network. Help support it and the Get Hope campaign by ordering FREE brochures to distribute to your clients. Brochures come in packages of 100. To order, e-mail sahartman@indianarealtors.com with your name, mailing address and daytime telephone number. Also, download a Get Hope button for your website and e-mail signature.

Please fill out the short form below. Upon reciept of the form I will provide you with access to additional real estate information that may be helpful with your next real estate transaction.