Brave River Solutions menu

Short Sales

For homeowners who are having trouble making their mortgage payments and cannot refinance because of poor credit and/or an “upside down” mortgage, there are options other than foreclosure. Calenda & Iacoi, having been in this business for over 25 years knows that a a full time dedicated short sale professional negotiator is needed and we hired one of the best in the business.

We have teamed up with Johna Devereaux of JAD Consulting and we don't charge a fee and only bill if successful to the Lender. Our success rate has been excellent. Please download our Short Sale Packages and if you have any questions or concerns, contact Jim Iacoi .

What is a short sale?

A short sale is when the Seller’s net proceeds are less than the Seller’s total obligations factoring in their mortgage payoff, taxes, real estate commission and other adjustments. The Seller has no money to cover the difference. The Seller has no ability to borrow the money from a relative or a friend and has no other assets to use to pay the lender.

In a short sale, a lender agrees to accept less than what is owed on a mortgaged property and release its lien to allow a sale. The amount of the mortgage that is unpaid is either completely forgiven by the lender and taken as a loss, or in some cases, the outstanding debt is reprocessed as a personal, unsecured loan.

For more information on whether a short sale is right for you contact us directly at
1-800-952-6944 or email us at




All short sale documents can be PDF'd direct to our office by clicking here:

Short Sale Fraud Advisory

Difference between Short Sales, Foreclosure Properties and REO Properties