Behind on payments? You have options.
The market has turned and the clock is ticking—but you still have a choice. Discover proven, lender-approved ways to clear your mortgage debt and walk away on your own terms.
100% private and confidential · No out-of-pocket cost to homeowners.
What is a short sale?
A short sale is a lender-approved way to sell your home for less than you owe on the mortgage — and walk away from the remaining debt. It's an alternative to foreclosure that puts you back in control of the timeline and protects your future.
Talk to RichardYou sell the home for less than the mortgage balance.
A short sale happens when your home's current market value is lower than what you still owe on the loan. The lender agrees to accept the sale proceeds as settlement — even though it's less than the full balance.
The lender approves it in writing.
Nothing moves without your lender's written approval. They review your hardship, the home's value, and the offer, then decide whether a short payoff makes more sense for them than a long, costly foreclosure.
You walk away without the debt hanging over you.
When the sale closes with a deficiency waiver, the remaining mortgage balance is forgiven — the lender can't come after you for the difference. You get a clean exit and a fresh start.
A storm years in the making.
For over ten years, low interest rates and rising prices hid a lot of financial problems, but those days are over. Today, inflation is squeezing every household budget, property values are slipping, and good families are falling behind. Because of this, short sales are coming back fast.
If you are feeling the pressure, you are not alone and this is not your fault. However, waiting is the most expensive mistake you can make right now. The sooner we review your numbers together, the more room we have to make a move.
Talk to Richard
We listen.
Most people who reach out have been carrying this weight alone for months. They are exhausted, stressed, and convinced they have run out of moves. The truth is, you have more ways out than the bank wants you to think.
Relief starts the moment you stop guessing. We look at your real numbers, lay out every lender-approved exit strategy on the table, and step directly between you and the mortgage company so the pressure stops immediately.
No one can promise every lender will say yes. What you can count on is knowing your exact choices, protecting your dignity, and never being treated like a file number.
— Richard Worcester
How it works
Here's what most people don't realize: the bank does not want your house. Foreclosure costs them time and money they'd rather not spend. What they need is a workable option — and that's exactly what we put on their desk.
Get the full picture.
You tell me what's happening — the loan, the value, the timeline. I look at the whole situation, not just the mortgage.
Build the case.
I assemble the numbers and documents your lender needs to see: the hardship, the value, what's owed, and what a short sale may net them versus a foreclosure.
Put it on their desk.
I negotiate with your lender and stay on the file through closing. The goal is simple: give them a better option than foreclosure, and see it through.
Behind those three steps is an 11-step process I follow on every file — a system built to put the lender on the defensive and keep them there. I don't ask the bank for a favor. I put their own numbers in front of them and make the case that a short sale costs them less than a foreclosure. A foreclosure date may make me move faster. It never makes me skip a step — and it never changes the goal: make taking your house the most expensive option on their desk.
The Clock Is Ticking—Let's Look at Your Numbers.
Waiting is the only mistake you can't undo. Find out if you qualify to clear your mortgage debt and walk away clean before the lender makes the next move.
See My Relief OptionsFree, confidential, and straightforward.
Straight Answers to Common Questions
Clear facts about how short sales work and what they mean for your future.
It may be. It depends on your loan, your lender, your home's value and your situation. That's why I start by listening and looking at the real numbers. If a short sale isn't a fit, I'll tell you.
You don't pay me anything up front, and you never write me a check. I'm paid at closing, as part of the real estate commission, through my brokerage, eXp Realty. Your lender reviews and approves that commission in writing as part of the short sale approval. If the sale doesn't close, I don't get paid.
Our primary goal in every short sale is to secure a full deficiency waiver from your lender. That means once the sale closes, the remaining balance of your mortgage is forgiven completely, and the bank cannot come after you for the difference later. We review your specific loan type upfront so you know your exact protections before making a move.
Credit effects vary from person to person, and I don't give credit advice. Ask a qualified credit professional how a short sale could affect you.
I don't provide legal or tax advice. A short sale can have legal and tax consequences, so I encourage you to talk with a qualified attorney and tax professional about your situation.
Control, credit recovery, and peace of mind. A foreclosure stays on your public record for seven years, hits your credit harder, and allows the bank to dictate the exact day you have to leave. With a short sale, you stay in control of the timeline, avoid a foreclosure judgment on your record, and can often qualify to buy another home again in as little as two years.
No one can promise that a foreclosure will be stopped. But it is rarely too late—until the auction gavel actually falls. Lenders will often pause or postpone a scheduled foreclosure sale once a complete short sale package or valid contract is under review. The closer your sale date is, the faster we have to move, and the sooner we talk, the more room there is to work.
Yes. Depending on your loan program and investor guidelines, many lenders offer relocation assistance—often between $3,000 and $10,000—paid directly to you at closing to help cover your moving expenses and rental deposits for your next place.
Not always. While many homeowners call us after missing payments, lenders can also approve a short sale if you are current on your mortgage but facing an unavoidable financial hardship—such as a job loss, medical issue, divorce, death in the family, or forced relocation—and your home is worth less than what you owe.
Lenders typically ask for recent mortgage statements, proof of income, bank statements, tax returns, and a letter explaining your hardship. I'll walk you through exactly what your lender asks for.
Yes. We regularly partner with agents who run into negative-equity listings or sellers facing foreclosure. We take over the lender negotiation and short sale processing so your client gets relief and you still earn from the transaction.
Have an Underwater Seller? Turn a Dead Listing Into a Closed Commission.
Most agents walk away when a seller owes more than the home is worth. You don't have to. Once you see how a properly structured short sale works, an impossible listing becomes a viable transaction—and a real paycheck in an otherwise no-win situation.
Bring us your tough files. We handle the heavy lifting with the lender, protect your client from foreclosure, and get the deal across the finish line so you get paid.
Fast file review. Clear commission and referral structures.
Monetize 'Unsellable' Appointments
Stop leaving listing appointments empty-handed just because the equity isn't there. Give distressed sellers a real way out while keeping the transaction alive.
Zero Bank Paperwork for You
Don't waste months on hold with loss mitigation departments. We manage the entire lender package, BPO valuation pushback, and deficiency negotiations from start to close.
Your Client Wins. You Get Paid.
Your seller avoids foreclosure and walks away clean. The lender pays the commissions out of the proceeds. Everyone moves forward.
Talk to Richard
What's going on? Let's have a private conversation, not fill out a long application.
Not every situation is a fit for a short sale. If yours isn't, I'll tell you plainly.