Short Sale Help in Pennsylvania
Owe more than your home is worth? We negotiate with your bank to wipe out the debt and get you a fresh start — with a 90% success rate.
What Is a Short Sale?
A short sale happens when a homeowner sells their property for less than the remaining mortgage balance — and the bank agrees to accept the lower amount as full payment. The word "short" refers to the fact that the sale price falls short of what's owed.
Unlike a foreclosure, where the bank takes your home and you may still owe a deficiency balance, a short sale is a negotiated agreement. The bank agrees to forgive the remaining debt, and you walk away clean — no lingering balance, no legal action, and far less damage to your credit.
At PA Property Rescue, we handle the entire short sale negotiation from start to finish. We've been doing this since 2019 across Monroe, Lehigh, and Northampton County — and our track record speaks for itself with a 90% approval rate.
Who Qualifies for a Short Sale?
You may be a good candidate for a short sale if:
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You owe more than your property is worth — your mortgage balance exceeds the current market value
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You're behind on payments or facing hardship — job loss, medical bills, divorce, death in the family, or other financial stress
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You can't afford to keep the home — even with a loan modification, the numbers just don't work
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You want to avoid foreclosure — you'd rather leave on your own terms with your dignity intact
Benefits of a Short Sale
Debt Wiped Clean
The bank forgives the remaining balance. You owe nothing after closing.
Credit Recovers in ~2 Years
Compare that to 7-10 years for a foreclosure. You can buy a home again much sooner.
Relocation Assistance
Banks often provide $3,000 to $10,000 in relocation funds to help you move.
No Deficiency Balance
Unlike foreclosure, the bank can't come after you for the remaining amount owed.
You Control the Timeline
You decide when to move. No surprise lockouts or sheriff sale deadlines.
Privacy Protected
A short sale is a private transaction — not a public record like a foreclosure auction.
Our Short Sale Process
Free Consultation
We review your mortgage, property value, and financial situation to determine if a short sale is the right path for you.
Gather Documentation
We help you compile the required hardship letter, financial statements, tax returns, and bank statements needed for your application.
File With Your Bank
We submit the complete short sale package to your lender's loss mitigation department and begin negotiations on your behalf.
Negotiate Approval
We work directly with the bank to get approval for the short sale, fighting for the best terms — including relocation assistance and full debt forgiveness.
Find a Buyer
Through our investor network, we identify qualified buyers who can close quickly once the bank approves the sale price.
Close & Move Forward
The sale closes, your debt is forgiven, and you receive any relocation assistance funds. We help you find new housing and start your fresh start plan.
Typical Timeline: 2-6 Months
Most short sales are approved within 2 to 6 months from the time we submit the package to your bank. The timeline depends on your lender, the complexity of your mortgage, and whether there are secondary liens. We keep you updated every step of the way — and if you have an upcoming sheriff sale, we can often get it postponed while we work your case.
Required Documents
Don't worry — we walk you through every document and help you prepare them. Here's what the bank will need:
"Will I Owe Anything After the Short Sale?"
No. That's the whole point. When the bank approves a short sale, they agree to accept the sale price as payment in full. The remaining balance is forgiven. You walk away debt-free with no deficiency judgment hanging over your head. We make sure the approval letter explicitly states full debt forgiveness before we close.
Get Your Free Consultation
We'll review your short sale options — no cost, no pressure.
Short Sale at a Glance
Other Solutions
A short sale isn't for everyone. Explore other options:
"I was three weeks away from a sheriff sale and didn't know where to turn. PA Property Rescue negotiated a short sale that wiped out over $40,000 in debt. They even helped me find a rental nearby so my kids could stay in their school. I can't thank them enough for giving us a second chance."
Ready to Explore Your Short Sale Options?
Your consultation is 100% free. We'll tell you honestly whether a short sale is the right move — and if it is, we'll handle everything.
Available 24/7 • Free • Confidential • No Obligation