Short sales are back in Cape Coral Florida
Short sales are making their way back into the Cape Coral real estate market. In the past few months we have noticed an influx of short sales hitting the marketplace. We have concerns for the sellers that need a short sale. We want to make sure they have hired the best real estate agent to handle their delicate short sale. Not all Cape Coral real estate agents know how to properly handle a short sale. With the challenges with selling and negotiating a short sale you must take extra caution in hiring the right real estate agent. Our team has…
Sample Financial Statement for a Short Sale Package
How to Complete a Financial Statement for a Short Sale Package If you have thought about selling your house as a short sale I’m sure you have wondered what documents are necessary to submit to the lender for consideration. One form that is almost always required is known as a financial statement. A financial statement is just that. A statement of your current financial situation. In most cases the lender is looking for a couple of different types of information. Some lenders have their own forms that they want you to complete while others will accept any generic form ~…
Sample Short Sale Hardship Letter
Having assisted numerous homeowners complete a short sale over the past few years we have seen quite a few hardship letters. Some were very ‘generic’ while others have been very detailed and lengthy. Which one works for you is your personal choice. We’d like to suggest the following though: Be Truthful – you are dealing with financial institutions and lies are a BIG no-no Tell Your Story – a real person will be reading your letter so do your best to explain what has happened to your situation and why you nee their help Include the Following Information – name(s),…
Ready to buy a short sale?
What to Expect when you are expecting to buy a short sale So, you are expecting? Expecting to buy a short sale? Short sales are handled much differently from traditional sales. Here we will go over the differences to help you through the process. The first thing to consider: Your time frame for purchase Do you have enough time to wait for an answer? Short sales can take 30-60 days to receive an answer. We’ve heard horror stories of it taking 5-6 months in some cases as well. This could have been due to a number of…
Cape Coral short sale solution
I’m a firm believer in only addressing a problem if you have the solution. The recent blog I wrote about Countrywide short sales sure caused a lot of comments, emails and phone calls. Not to worry, I have a solution. Read the full article about Countrywide Short Sales and the WHY behind this post. Here’s what I propose the banks do to collect the most money back on these bad loans: 1) Have an intake department with a checklist of items needed in package (timeframe: same day of receipt) a. Reject all that are missing items – send letter…
Provided by Susan Milner & team at Florida Future Realty, Inc.
(239) 542-8521
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Cape Coral short sale testimonials