Welcome to SSAC

SSAC - Short Sale Assistance Corporation was created by attorney David J. Finn to assist homeowners prevent the damaging effects of foreclosure.

If you are going through rough waters right now; it's important to know - "you are not alone" as millions of homeowners, (6 Million or more) many just like you, are currently in default, facing the possibility of missing their next mortgage payment or facing the reality of foreclosure.

No matter where you might be; from unanswered questions, stressed or distressed, SSAC is your legal assistance resource when you need us.



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The 2 most asked questions...

1.  What is a short sale?

When the amount owed to the lender(s) exceeds the market value of the property and the lender(s) agrees to accept less than the total amount owed. 

2.  Do I qualify for a short sale?

To qualify for a short sale, the lender will expect the homeowner to have all of the following circumstances.

Financial Hardship – There is something in your life causing financial difficulty and your ability to pay your mortgage.

Income Shortfall – Based on your hardship, your monthly expenses now exceed your monthly income.  You now have to prove to your lender, you cannot afford your home with the current mortgage payments.

Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

What is owed, exceeds market value.


There are numerous hardships that can affect your financial stability.  Here's a brief list of many we have already encountered:

Health Issues
Rate Increase (ARM loans)Predatory Lending
Divorce or Separation
Death In Family
Overextend 
Job loss
Reduced Income
Two Homes
Declining Market (UPSIDE DOWN)
Pre-Foreclosure - (Behind on Many Payments)
Too Much Debt
Business Failure
Military Service
and more...