A short sale lets you sell your house for less than the amount of the loans.

The buyer brings the money to the closing. The realtor's commissions get paid. The short sale expert gets paid (if you have used an outside expert to help you) and the rest is paid to the lender.

The lender releases the mortgages on the property.

Now, the lender may come after you for their financial losses. And they may report negatively about you to credit bureaus. But many times the short sale process is much more favorable to you because you can negotiate this so the lender doesn't pursue you later, and so that the worst they report on you is a Paid - Settled to the credit bureaus instead of a foreclosure.

A short sale requires two things. Your lender must approve, and you must sell the house.

The advantage of a short sale for the lender is that they don't get your house back. They don't have fix it up and market it. They don't have to have it sit on the market for months and months while they are paying interest in it (their money doesn't come free either.)

The Mortgage Relief Formula helps you do a short sale by giving you inside secrets that will get the lender to say yes and get the house sold in as little as nine days even when nobody is selling their houses.

I have people who have short sale and lender-owned houses up and down the block who are successfully selling their houses and doing short sales because of what is in the Mortgage Relief Formula.

The big issue with short sales is that lenders often drag their heels and don't give you an answer. Or they demand that you put money in. Or they turn down the offer you get because it is too low. We have all that covered in the Mortgage Relief Formula so this is far less likely to happen to you.