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Seeking a short sale in South Carolina

What is a short sale? If you've been facing foreclosure or problems paying for your home in South Carolina, a short sale is something you need to know about. This process is an alternative to foreclosure, and it can provide you with a way out of debt.

Basically, a short sale is a type of home sale. With this kind of sale, you, as a homeowner, are aware that you owe more money to the lender than your home is worth. Essentially, you're paying an appreciated value on a depreciated property, and that can be holding you back financially.

When you find yourself in this situation, you can work with your lender or lenders to sell the home, which allows you to minimize the amount of money that you are deficient in when it comes to paying for the home. The deficiency is simply the amount of money you have left to pay after you subtract the sales value from your mortgage.

Short sales are more beneficial than a foreclosure, and they tend to be better for your credit rating. Some people choose to sell the home and pay the difference out of pocket, while others may turn to bankruptcy or other methods to reduce their liability even further.

The thing you need to understand is that there are many options available to you, no matter what you situation is. If you want to learn more about short sales and if they're right for your situation, spend a few moments on our short sale webpage. With the right legal help and support, you can find the best plan of action for getting out of debt without compromising your future.

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Visit Weeks & Irvine at One of Our Six Locations

North Charleston office 8086-B Rivers Avenue
North Charleston, SC 29406
Phone: 843-553-9800
Toll Free: 800-553-7449
Fax: 843-553-9804
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Mt. Pleasant office
1100 Queensborough Blvd, Suite 102
Mt. Pleasant, SC 29464
Phone: 843-856-9800
Toll Free: 800-553-7449
Fax: 843-216-0930
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Mt. Pleasant North office
3040 Highway 17-A North, Suite B
Mt. Pleasant, SC 29466
Phone: 843-388-3250
Toll Free: 800-553-7449
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West Ashley office
873 Orleans Road, Suite 102 1/2
Charleston, SC 29407
Phone: 843-571-2996
Toll Free: 800-553-7449
Fax: 843-571-2998
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Summerville office
106 West 7th North St
Summerville, SC 29483
Phone: 843-875-7111
Toll Free: 800-553-7449
Fax: 843-875-7721
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Goose Creek office
567 Crowfield Blvd.
Goose Creek, SC 29445
Phone: 843-553-9100
Toll Free: 800-553-7449
Fax 843-553-9183
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