Short Sale & Pre-Foreclosure Help
Behind on your mortgage? You have more options than you think.
If you've missed payments or received a foreclosure notice anywhere in East Tennessee, call us before the sale date. A short, private conversation can show you every way out.
Confidential. No signs, no pressure.
Your options
Short sale
Sell for less than you owe with your lender's approval, instead of a foreclosure on your record.
Sell before the sale date
If you have equity, a regular sale may pay off the loan and put money back in your pocket.
Fast as-is sale
No repairs or showings. We can get you a cash offer when time is short.
Talk to your lender
Ask about a loan modification or repayment plan. A free HUD-approved counselor can help.
Want a cash number now? Get a cash offer.
Request a confidential callback
Tell us a little about your situation. Sarah will call you, usually the same day.
Common questions
What is a short sale?
A short sale is when your lender agrees to let you sell your home for less than you owe. The lender accepts the sale price as payoff, and the home sells on the open market instead of going to a foreclosure auction.
Is it too late if I already got a foreclosure notice?
Often not. In Tennessee a home can be sold at a trustee's sale fairly quickly after the notice is published, so time matters. The sooner you call, the more options you usually have.
Does a short sale cost me anything?
In most short sales, the agent's commission and closing costs are paid from the sale and approved by the lender, so the seller does not pay out of pocket. Every lender and loan is different, and we'll explain yours.
What happens to the money I still owe?
That depends on your lender and your state's rules. Some lenders waive the remaining balance in writing; some do not. Talk with a Tennessee attorney or tax professional about deficiency and tax questions before you sign anything.
Is this confidential?
Yes. Your conversation with our office stays private. We don't put up signs or tell neighbors your situation.
Spring Mountain Realty PLLC is a Tennessee real estate brokerage, not a lender, law firm, or foreclosure-rescue service, and is not affiliated with your mortgage company. We cannot promise that a lender will approve a short sale or that a foreclosure will be stopped. This page is general information, not legal, tax, or credit advice. For free help, you can contact a HUD-approved housing counselor at (800) 569-4287.
Spring Mountain Realty PLLC · (865) 935-0500 · 229 Main Street, Bean Station, TN 37708