
If your Milwaukee home has unpaid property taxes or liens, you may be weighing your options between a short sale and a cash sale. Understanding the pros and cons of each method is essential for a smooth transaction.
Short Sale Overview
A short sale occurs when your lender approves a sale of your home for less than the remaining mortgage balance. While this option can prevent foreclosure, it often involves:
- Extended Timelines: Lender approval can take weeks or months
- Complex Paperwork: Extensive documentation and negotiations are required
- Uncertain Outcome: Lenders may reject offers
Cash Sale Advantages
Selling to a cash buyer like Stillwater Properties offers several benefits:
- Quick Closing: Avoid waiting for lender approval or third-party financing
- As-Is Sale: Sell the home without investing in repairs or upgrades
- Lien Resolution: Cash buyers often pay off liens as part of the transaction
For homeowners with unpaid taxes or multiple liens, a cash sale is usually the fastest, most reliable way to resolve financial obligations while selling your property.
Learn more about options for selling a home with unpaid property taxes or liens by reading our comprehensive guide here.