To qualify for a short sale, distressed homeowners must have three qualifications: financial hardship, monthly shortfall, and insolvency. In this video, Alex Charfen, CEO of Distressed Property Institute, LLC, explains these requirements.

Laura is a Certified Distressed Property Expert (CDPE), which means she’s a member of a national organization of over 8,000 members that works with homeowners who are in distress. She can confidentially answer any questions you may have. We’re here to help.

Click here for a document detailing the qualifications for a short sale .