What Is a Short Sale?
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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.
Florida Future Realty, Inc., 2816 Del Prado Blvd., Unit 2, Cape Coral, FL 33904
Toll Free 24/7 info line: 1/888/764-6665 ext 189