Short Sales
Read 12372 times
These are recent Short Sale approvals, demonstrating HAFA incentives for the seller and full commission for the agents. There is also an approval from the Small Business Administration (SBA).
Read 4888 times
Being able to close quickly and keeping your clients informed and happy are some of the most important things when negotiating short sales. We have a full time department that exclusively works on short sales.
There are many reasons that a short sale can fall through for reasons that are out of your control. A big reason is that the buyer does not come through.
If you are contemplating a short sale, there are some things that you should consider. The short sale will appear on your credit report for the next 7-10 years.
To get your lender to approve your short sale, there are a number of documents that your lender is going to want to see from you. It's not enough that you've missed payments,
Short Sales Overview Featured
Far too often, in this market, there comes a time when the balance on your mortgage far exceeds the value of your property. Combine that with a financial hardship, and it may be time to consider a short sale.
Recent Posts
-
13-02-2015Consumer Financial Protection Bureau Rate CheckerThe CFPB provides an Owning a Home online resource for consumers. Two weeks ago, the CFPB rolled out the beta version of an interest rate checker. By inputting their credit…
-
13-02-2015What is a Business Day?The Truth in Lending Act contains numerous deadlines, timelines, and other important and sensitive dates to keep track of.
-
02-01-2013Tax Relief for Short Sales Extended to December 31, 2014The deadline for the debt foregiven by your lender to not be considered taxable income has been extended from December 31, 2013 to December 31, 2014.** Congress as part…
-
07-12-2012Notice of HomesteadIf you have a judgment against you and you’re looking to sell or refinance your home how do you protect your proceeds once you sell the home? There is a…
-
07-12-2012Florida Land Trusts Protect Owner's PrivacyDo you want to retain control over your property while maintaining anonymity? Are you familiar with Florida Land Trusts? They allow you to maintain the power of direction over a property,…
-
23-10-2012Declaration of DomicleDoes a creditor have a judgment against you? How do you keep them from trying to enforce the judgment against the equity in your home? In Florida, your primary residence…
