Short Sale

What is a short sale?

A short sale, also known as a pre-foreclosure sale, is when you sell your home for less than the balance remaining on your mortgage. If your mortgage company agrees to a short sale, you can sell your home and pay off all (or a portion of) your mortgage balance with the proceeds. Depending on your situation, you may be required to make a financial contribution to receive a short sale.

A short sale is an alternative to foreclosure and may be an option if:

• You are ineligible to refinance or modify your mortgage
• You are facing a long-term hardship
• You are behind on your mortgage payments
• You owe more on your home than it’s worth
• You have not been able to sell your home at a price that covers what you still owe on your mortgage
• You can no longer afford your home and are ready or need to leave

What are the benefits?

• Eliminate or reduce your mortgage debt
• Avoid the negative impact of foreclosure
• Start repairing your credit sooner than if you went through a foreclosure

Let us help you in your situation today. Apply Today!

Service Area:

Mila Homes can help homeowners residing at the greater Kansas City area in particular.

Johnson County, Kansas

• De Soto
• Edgerton
• Gardner
• Leawood
• Lenexa
• Mission Hills
• Merriam
• Olathe
• Overland Park
• Prairie Village
• Roeland
• Shawnee
• Stillwell
• Spring Hills and Westwood

Jackson County, Missouri

• Blue Springs
• Grain Valley
• Grandview
• Greenwood
• Independence
• Kansas City
• Lake Lotawana
• Lee's Summit
• Oak Grove
• Raytown
• Sugar Creek

Platte County, Missouri

• Kansas City
• Parkville
• Platte City
• Riverside
• Smithville

Clay County, Missouri

• Excelsior Springs
• Gladstone
• Independence
• Kansas City
• Kearney
• Liberty
• North Kansas City
• Pleasant Valley
• Smithville
• Sugar Creek