Nov
7

What is a short sale?

Quite simply put, a short sale can take place when a seller owes more on their house than what they can sell it for.

Their lender (bank) may negotiate a lower sales price than the current mortgage.

The bank does this 1) if the seller has a hardship 2) to avoid foreclosure costs.
There are tax & legal issues to research when attempting a short sale.

You should speak with your attorney & CPA prior to beginning any negotiations with the bank to make sure that this is your best option.
We’d be more than happy to speak with you & educate you on the entire process.

We have checklists available of documents you’ll need & we’ll need your written permission to speak directly with your bank (lender) on your behalf.
While we are unable to gaurantee that your particular lender will negotiate a short sale, we’ll do everything we can to assist you in obtaining one. Since we don’t get paid until we sell your house, it’s in our best interest to do so as well.

We understand that this is a tough time in your life & we want to make this as stress-free as possible.
We do not charge anything for our services. We are licensed real estate sales associates in the state of Florida & our job is to market & sell homes.

We’ve added this new service for sellers as the need is clearly here in SW Florida.

 

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    If you would like to see our current list of available short sales please contact us. We’ll send you the list via email by the end of the business day. If we don’t have what you are looking for, we’ll keep looking.

     

    We assist sellers and buyers in the SW Florida area.
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    Posted by SusanMilner Contact, Sell, Short Sale Subscribe to RSS feed