When a property is worth less than what's owed against it, we handle the negotiation directly with mortgage servicers and lienholders — working toward a settlement, and where possible a deficiency waiver, so you're not negotiating your own financial hardship with a bank alone.

What a workout actually requires

Lenders don't approve a short sale automatically — it requires a real purchase agreement, financial hardship documentation, and often weeks of back-and-forth with a loss mitigation department. Done well, it results in a sale that satisfies the loan and, ideally, a written deficiency waiver so the remaining balance doesn't follow the homeowner afterward. Done poorly, or started too late, it can collapse into the exact foreclosure it was meant to prevent.

What we manage on your behalf

  • Direct lender and servicer negotiation, so you're not navigating loss mitigation processes alone during an already stressful time
  • Pursuing a deficiency waiver as part of the negotiated agreement wherever possible
  • Keeping the timeline aligned with any pending foreclosure sale date, so the workout has a real chance to complete before it