As an Orlando, Florida Short Sale Expert I can tell you that short sales are a great way to avoid foreclosure.
Please download my Short Sale Package and learn the steps to a successful short sale.
Let us help you avoid foreclosure!
We will send you our short sale checklist so that you can see the steps involved.
“Thank you mark for being prepared and thinking ahead. When we arrived at our first house to look at and no one answered you had other listings for us to look at, which I didn’t expect. One of those extra listings turned out to be a very good buy, thanks to you. I would highly recommend you to anyone looking for a experienced real estate agent, thanks again.”
by Cameron Maurer, Apopka FL
Or Call: (407) 617-7808
What is a Short Sale?
Simply put, a Short Sale is used to describe the sale of a home in which the homeowner owes the bank more than the home is worth. The bank agrees to allow the home to be sold for less than what is owed (AKA “Short Sale”).
Would I qualify for a Short Sale?
Yes. Contrary to popular belief, it is not difficult to qualify for a Short Sale. A good Short Sale candidate has no equity in their home. They are not able to sell their home and pay off all of the outstanding loans/debt that are secured against their property.
If you owe more against your home than it is currently worth and want or need to sell it but can’t or won’t bring cash to closing to make up the difference between what you owe and what your home is worth, then you are a prime candidate.
Whenever you are late making payments your credit will take a “ding.”
The real benefits come when you compare a short sale to foreclosure. With a short sale your credit isn’t hurt as much and you are able to recover quickly. As a rule it take about 2 years after a short sale before you can buy another home.
