Struggling Financially?
Learn How a Short Sale or Pre-Foreclosure Can Help
Life happens. Unexpected financial challenges - like job loss, medical bills, divorce, or other hardships - can make it hard to keep up with your mortgage. If you’re falling behind and worried about foreclosure, I’m Hervick Fender. I help homeowners navigate the short sale process with care, understanding, and no judgment.
A short sale lets you sell your home for less than what you owe, with your lender’s approval. This can help you avoid foreclosure and reduce the impact on your financial future. I know this can feel overwhelming, but you don’t have to face it alone. I’ll guide you through every step and work to achieve the best possible outcome for you.
What Is a Pre-Foreclosure Sale?
A pre-foreclosure sale happens when a homeowner who is behind on mortgage payments decides to sell their home before the lender starts the foreclosure process. This proactive step can help avoid foreclosure and reduce damage to your credit.
What It Means?
Pre-foreclosure is when you’ve missed mortgage payments but the bank hasn’t started legal action yet.
During this time, you still have options to sell your home.
Why It Happen?
Homeowners often sell before foreclosure to:
Protect their credit
Avoid eviction
Possibly recover some of their home’s value
How It Works?
The home is listed for sale, often at a competitive price to attract buyers quickly.
If the sale pays off the full mortgage, the lender is satisfied.
If the sale doesn’t cover the mortgage, it may become a short sale, where the lender agrees to accept less than what is owed.
What is a Short Sale?
A short sale allows homeowners to sell their home for less than the remaining mortgage balance, with lender approval. It helps avoid foreclosure and limits financial and credit damage.
Who Might Need a Short Sale?
You might consider a short sale if you’re facing:
Financial hardship: Job loss, medical bills, divorce, or relocation making mortgage payments difficult
Negative equity: Owing more on your home than it’s worth
Foreclosure risk: Wanting to avoid long-term credit damage
Relocation or job change: Needing to sell but unable to cover the full mortgage
Benefits of a Short Sale
Avoid Foreclosure – Protect your credit from years of negative impact.
Relieve Financial Stress – Move forward without the burden of unmanageable debt.
Minimize Credit Damage – Better than the long-term hit of foreclosure.
Start Fresh – Gain peace of mind and financial freedom.
Who Qualifies for a Short Sale?
To qualify, homeowners typically must:
Owe more on their home than its current value
Be facing a financial hardship
Have missed or risk missing mortgage payments
Be unable to pay off the remaining mortgage balance
How I Can Help You?
I don’t just list your home — I guide you through the entire pre-foreclosure or short sale process, advocating for your best outcome. Here’s what I do:
1️⃣ Free Consultation – Review your situation and explain all your options.
2️⃣ Preparation – Gather necessary documents, hardship letters, and financial statements for your lender.
3️⃣ Marketing Your Home – Use a strategic plan to attract serious buyers.
4️⃣ Lender Negotiation – Work directly with your lender to approve the short sale and negotiate waivers on deficiencies. I also handle HOA liens, judgments on title, and other potential obstacles.
5️⃣ Closing & Moving Forward – Guide you through closing and help you transition to your next chapter.
I collaborate with a trusted network of real estate attorneys, mortgage brokers, and financial professionals to ensure the best possible outcome.
Short Sale vs. Foreclosure: What’s the Difference?
Let’s Take the First Step Together!
A short sale or pre-foreclosure can be confusing - but you don’t have to face it alone. I help O’ahu homeowners explore their options and move forward with confidence.
No pressure. No judgment. Just solutions.
