Afraid of Losing Your Home? Here's The Truth About Short Sales

This is a great time to be a homeowner. The economy is strong, unemployment is low, and interest rates are at near historic lows. The days of multiple abandoned and foreclosed homes in every community are long gone. Orlando's "zombie" home foreclosure rate hit a record low of 2.8% in the third quarter of 2019.

Regardless of what the news may be telling you, there are still some Florida homeowners affected by high mortgage payments, failed loan modifications, ugly foreclosure cases, empty lender promises and the possibility of losing their homes AND still owing money to the bank after they lose possession and title. Some homeowners modified their mortgage loans five or six years ago and are now facing increasingly higher monthly payments. Worse yet, many homeowners are facing balloon payments from previous modifications.

Are YOU part of that group of Florida homeowners? Are you afraid of losing your home in foreclosure AND still owing money to the bank?  If so, your best option may be a Short Sale.  Here are a few of the reasons why:

1. When you sell your home in a short sale, I make sure that a waiver of deficiency is negotiated on your behalf. That way, you won't owe anything to the bank after the property is sold.

2. You can continue living in the property while the negotiation and approval takes place, free of mortgage payments.

3. In many cases, you may qualify for relocation assistance at the closing table. While not everyone qualifies, it is certainly worth taking a shot!

4. My service as a Realtor, from the time of listing to the completion of the transaction, is at no cost to you. Yes, FREE!

5. You can say goodbye to high interest and high mortgage payments and start planning for your future.

6. A short sale looks better in your credit than losing your home in foreclosure. This helps you recover your good credit standing and qualify you to become a homeowner again faster.

JUST DO THE MATH…

SHORT SALE + WAIVER OF DEFICIENCY + RELOCATION ASSISTANCE

= GREAT DEAL FOR YOU!

or...

FORECLOSURE SALE + POSSIBLE DEFICIENCY LAWSUIT + NO RELOCATION ASSISTANCE = BAD DEAL FOR YOU!

There is a way of breathing easier and letting go of your underwater home. It is called a Short Sale.  If you are losing sleep over your home situation, don't wait any longer. 

Call me today at (407) 443-3833 if you need an experienced, loyal, and proven advocate to discuss your situation and help you with your short sale. Best of all, the initial consultation and the entire short sale negotiation are FREE OF COST (yes, free!) to you.

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