Leslie MoonReal estate agent · eXp Realty · North Texas

Not enough equity to sell? There may still be a way out.

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775-232-7298

What a short sale can do

Why it happens

With higher interest rates and a slower economy, homes are sitting on the market longer, and price cuts often follow. A sale that started with enough equity can end up not covering the loan and the costs of selling. That's a short sale, and Leslie has been handling them for over 20 years.

Short sales need your lender's approval, and no result is guaranteed. If part of a loan is forgiven, there can be tax effects; please talk with a tax professional. A free HUD-approved housing counselor is also available at 800-569-4287.