5 Truths About Short Sales

What are you hearing about Short Sales?

The Number 5 Under The Spotlight

1. Short Sales save homeowners from Foreclosure…

2. Short Sales don’t close…

3. Short Sales are value priced…

4. Short Sales are a waste of time for buyers…

5. Short Sales are here to stay…

The truth about Short Sales…

  • Homeowners in distress can avoid foreclosure by selling their home via a Short Sale.  There are homeowners all across Central Florida who have successfully worked with a REALTOR to sell their homes before a foreclosure occurs. Unfortunately 70% of distressed homeowners don’t ask for help and allow foreclosure action to proceed without taking advantage of the alternatives that are available to avoid foreclosure. If you know someone who is in distress, please have them contact me for more information.
  • Short Sales SELL! It’s that simple… A REALTOR who understands the short sale process can help homeowners navigate the short sale process. I’m not saying it’s easy, I’m not saying it doesn’t require the seller to participate and do some work, it does… but Short Sales are saving homeowners from Foreclosure every day!
  • Buyers are purchasing Short Sales and getting deals! Many Short Sales should say “On Sale” or “Clearance Priced.” There are outstanding opportunities for buyers who are able to wait for 3rd party approval. Third party approval can take 3 to 6 months [or longer] I know it can be long, it can be frustrating, but they are also a homebuyer’s
  • Homebuyers working with a REALTOR who understands the challenges of short sales and can identify properties that are potentially a successful short sale.  An experienced short sale agent call eliminate  homes  that have little promise of succeeding in the short sale process. Interviewing the listing agent and understanding the seller’s hardship are the first step in the right direction.
  • Short Sales are here for the foreseeable future.  Until we see significant changes in the housing market, short sale opportunities continue to grow.

Wondering if you can avoid foreclosure by selling your house as a Short Sale?

Please contact me for a private evaluation and to discuss your options.

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