A short sale realtor is required when selling your home for less than what it’s worth. When you owe more on your mortgage than you can sell it for you have only a few options: Loan modification, deed in lieu of foreclosure, foreclosure and short sale.

Bank of America has always been under fire because of their lengthy short sale processes and thousands of people and homeowners often being in default. Their process is not only lengthy but also confusing and this makes it hard for lenders and homeowners to understand the whole of this process.