Short Sale Questions
Update: We originally posted this article on September 30, 2008 but we’re getting so many questions we decided to kick back to the top for our readers.
As it seems the bailout in some form or another is imminent, one thing is for certain. Banks are going to be more motivated than ever to mitigate their losses and to dump as many non-performing assets off of their books as possible. This means liquidating REO properties and also settling as many defaulted loans via the Short Sale method as possible. Read more
What Is A Short Sale?
What Is A Short Sale? A Short Sale is a settlement with a bank to take less than what they’re owed to stop foreclosure and sell the property. Learn more.
While simply explained, the process is much more detailed. We’ll explain it to you so the you will have no problem understanding the Short Sale Process
Do you know how to do a Short Sale? Do you even know what a Short Sale is? Are you in foreclosure and need some advice about how a Short Sale may help you out of a bad situation? Well you are not alone.
I get dozens of emails and calls every week from homeowners who would just like the straight scoop on just what is a short sale. So I decided to record a brief video to help you understand the Short Sale Process. I hope that you find it useful and informative.
There are over a million real estate agents walking the planet and if you ask 10 of them what is a short sale and how do you successfully execute one you’d probably get 10 different answers. Then if you ask another question, that being, how many of them have actually successfully completed one you’d be very surprised.
Most real estate agents only found out about Short Sales in the last 18 months after they became the “in” thing in real estate. Then many agents found out that if they weren’t proficient that they actually can end up in trouble for their blunders and many simply do not have any desire to work in the Short Sale arena.
I’ve been doing Short Sales for a long time. Even BEFORE they became cool. In that time I have learned quite a bit and one of the biggest things that I learned was to surround myself with a good, competent and experienced team of professionals who work together to effect a successful experience for my clients.
Short Sales aren’t tough at all…if you know what you’re doing. We have a very specific system that we have implemented and have been using with great success.
Please take a moment and review the video below and find out for yourself how we approach the Short Sale Process.
If you are in foreclosure or know someone in foreclosure and you would like me to review your situation, I would be happy to take a look at your case and let you know if I feel that you qualify for a Short Sale. I specialize in foreclosures and Short Sales and I am very picky as to who I represent in a Short Sale case. I want to work with people who are committed to the Short Sale Process.
If you’d like to learn more about what is involved in a short sale or how to do a short sale then clicl on the banner below:
If you think that you are willing to do what it takes to participate in a successful Short Sale, please do not hesitate to email me or call me at 954-709-7461.
Does Searching For A Bargain On Your Next Home Purchase Make You A Bottom-Fisher?
So…it seems that foreclosures and shorts sales along with other distressed properties seem to be driving the market here in the Fort Lauderdale real estate area. Likely if you are searching for a home in the Fort Lauderdale area you are more often than not looking for the best deal that you can find…right? So does that make you a bottom-fisher?
How To Ensure That The Short Sale On Your Fort Lauderdale Home Is Approved
It seems that everyone knows at least one person in the Fort Lauderdale real estate market who is in foreclosure. It can also be said that if you know someone in foreclosure, the chances are someone has mentioned a “short sale” as the key to unlock the foreclosure prison.
Price Your Fort Lauderdale Real Estate Home Or Condo To Sell
So your having a real hard time trying to sell your Fort Lauderdale real estate home or condo. You keep getting told by the your agent you are working with that you need to reduce your asking price again and again. Read more
An Open Letter To All Fort Lauderdale Real Estate Area Homeowners In Foreclosure
It’s bad enough that you are in a predicament like foreclosure. The pain and frustration of not knowing what to do can be maddening. Don’t compound matters by getting involved with a real estate agent who does not have the experience or know how to help you.
Fort Lauderdale Real Estate Short Sale Information – Avoid Losing Your Fort Lauderdale Real Estate Home Or Condo To Foreclosure
So you’ve fallen behind on your mortgage. You need to sell your home or condo but you owe more than it’s worth. You’d like the enlist the help of a real estate agent and an attorney to help you but you don’t think you can afford to pay either of them.