Owe More on the House Than It’s Worth?
When the mortgage balance is higher than the house can sell for, the options narrow. Here is what Connecticut owners usually consider, and when CT MAX can and cannot help.
See Your MAX Offer
Start with the address. A CT MAX buyer calls you back, and your written number follows the walk-through.
First, get a real number
Owners often guess. A payoff letter from the lender and a realistic price for the house as it stands show whether you are truly underwater or just close.
Options when you are underwater
- Keep paying and wait. Works if you can afford it.
- Loan modification. The lender changes the terms.
- Short sale. The lender agrees to take less than the balance. Ask whether they will forgive the rest or pursue a deficiency.
- Deed in lieu of foreclosure. You hand the house back by agreement.
Where CT MAX fits
If the house is close to breaking even, an as-is MAX Offer with no commission can sometimes close the gap. If it is not, a CT MAX offer can serve as the purchase contract for a short sale. We will tell you honestly which situation you are in.
Common questions
Will a short sale hurt my credit?
Usually less than a completed foreclosure, but it still has an impact.
Could I owe taxes on forgiven debt?
Possibly. Ask a tax professional.
Do you buy short sales?
Yes, when the lender approves the price.
General information only, not legal, tax or financial advice. Talk with a Connecticut attorney about your specific situation.
From first call to cash in hand
- Day 1
Share the address
Call, text or use the form. We ask a few questions about the house and your deadline.
- Day 2–3
One walk-through
A CT MAX buyer sees the house once. No cleaning, no repairs, no open houses.
- Within 24 hrs of the visit
Your MAX Offer in writing
A firm cash number with no commission taken out. Take it, counter it or walk away.
- The date you pick
Attorney closing
A Connecticut closing attorney pays off the liens and hands you the balance.

Complicated situation? Get a clear number.
Get a written MAX Offer for the house as it stands. Saying no costs nothing.