What happens if my second mortgage is really a home equity line of credit (HELOC)?

Negotiating a short sale on a HELOC can be a little tricky, but we do this all of the time. We will walk you through the ins and outs of how these are negotiated without the homeowner paying any money back AND without signing a new note to pay a portion of the balance.
Not all Southwest Florida real estate agents appreciate the difference. You need to know what you have upfront. Most homeowners know this, but these last several years have seen all kinds of loan products. Not every homeowner is fully aware.
If you are a Southwest Florida homeowner in distress and you have a home equity line of credit (HELOC), please contact us today.