If you owe more on your mortgage than your home is worth, selling can feel impossible. A short sale lets you sell your home for less than the loan balance — with your lender's approval. SMPL Realty has helped Saint Louis homeowners navigate the short sale process. We handle the lender negotiations, paperwork, and buyer coordination so you can move forward.
When You Need Short Sale Assistance
You need short sale assistance when you can no longer afford your mortgage and your home is worth less than what you owe. This can happen after a job loss, medical emergency, divorce, or market decline. Foreclosure isn't your only option — a short sale can help protect your credit.
In Saint Louis, some neighborhoods experienced value drops that left homeowners underwater. If that's your situation, a short sale can be a responsible way out. The key is working with an agent who knows how to manage the lender process.
Our Short Sale Assistance Process
We start by reviewing your financial situation and the home's current market value. We prepare a short sale package for your lender, including hardship documentation and a market analysis. We list your home and find a qualified buyer.
Once we have an offer, we submit it to the lender for approval. We handle all communication with the bank's loss mitigation department. This process can take time, but we keep you informed at every step. Once the lender approves, we manage the closing just like a regular sale.
Short Sale Assistance Cost in Saint Louis
Short sale commissions are typically paid by the lender from the sale proceeds. You don't pay out of pocket for our services. We explain the financial picture clearly so you know what to expect. There are no hidden fees or surprise costs. Our goal is to help you resolve your situation and move forward.
Why Choose SMPL Realty
We've handled short sales in Saint Louis and know how to work with banks and loan servicers. We're patient, persistent, and experienced with the unique challenges of these transactions. Our clients trust us because we're honest about what to expect and we deliver on our promises.