A short sale is a real estate transaction where the seller of the property and the lender on the property agree to allow the property to be sold to an interested buyer for less than the mortgage balance owed on the property, and cedes all proceeds to the loaning party. In recent years, short sales have become increasingly en vogue to sell premier real estate in Florida. While it may be a difficult
process for the homeowner, and the buyer needs the patience of a Saint, it is the best alternative to losing property to the bank through the foreclosure process. However, it must be said that having luxury short sale real estate experts and an Attorney familiar with short selling real estate working with you are a must, as this is not an easy transaction for any seller to undertake alone. Are you having problems keeping up with your mortgage payments? Are you hoping to avoid foreclosure? Do you have questions about how to short sale your home? Do you need immediate help understanding the differences between a foreclosure versus a short sale? Have you been recently turned down for a loan modification by your bank or mortgage lender? Are you fed up dealing with Bank Loss Mitigation Departments? Do you want to stop worrying about your situation and have a team of short sale specialists simply take care of the situation? And would you like to be able to buy a home again in the future without having a foreclosure on your credit report? If any of those questions apply to your particular situation then please know that help is available to you and that you do not have to go through this alone. If you would like to know more about short selling real estate, luxury short sale properties and luxury foreclosure properties, please give Florida Real Estate Brokers Gia Freer and Grant Freer a call at at 561.395.8418, or alternatively, you can email us at: [email protected]
