Short Sale Power

Florida Foreclosure help

Thousands of homeowners in Florida will receive up to 18 months worth of mortgage payments from the state program , which will opens for applications next month.It’s the first time the more than $1 billion in federal funding will be available statewide.

This is Aimed at unemployed homeowners or those who have jobs but don’t earn enough to pay their mortgage, the money, which was announced last year, can be used to make loan payments for up to 18 months and to bring delinquent loans current. Read More

Short Sale Option! What’s The First Step

First and foremost, contact your lender. This will aid in future communications by showing your intent to resolve the matter with honesty to satisfy the loan balance on your home to the best of your abilities. Secondly, contact a qualified and experienced REALTOR®, an attorney, and accountant. As a local REALTOR® and expert we may be able to recommend both an attorney and accountant to assist you with the activities in the process that requires a practicing law expert. Our team will be an incredible ally in the process, offering guidance and recommendations and ultimately being a key to the success of a short sale.
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New HAFA short sales guidelines! Orlando foreclosure help

The Treasury  in December eliminating some rules that held back short sales through the Home Affordable Foreclosure Alternatives program. Since HAFA was launched in April 2010 to provide an incentive to servicers and investors for pursuing short sales and deeds-in-lieu of foreclosure. The program was designed for homeowners who fell out of the Treasury’s Home Affordable Modification Program. Read More

Sellers are motivated!

When supply exceeds demand, buyers have the upper hand and that ‘S where we are now! The current supply of homes for sale now stands at 12.5 months, meaning that today ‘S p[ace of home sales, it would take twelve and a half months for existing inventory to sell factoring Short Sale approval timelines. For you as  a buyer , this means lots of choices, lots of negotiating power, and that smart sellers are fiercely competing for your business, both in terms of the price and the condition of their homes. For  more reasons why now is a prime time to buy a home, contact me and I’ll send you free eBook. Read More

What’s the Difference Between a Short Sale and a Foreclosure?

Review the following comparisons between short sales and foreclosures for a better understanding of why short sales are a better option for most homeowners. While a short sale is a complicated process, the outcomes of your patience and diligence are worth it in the end! Read More