Short Sales Specialists in Port St Lucie, FL, Tradition, St Lucie West, Torino - Kevin B Tolbert, PA

Real Estate Agent with Keller Williams Advantage III Realty in Lake Nona BK3059813

Short Sale Specialists in Port St Lucie, FL

What is a short sale?  This is anytime a lender is willing to accept lower than the payoff amount of the loan.  Now you may ask, "why would they do this?"  There are several reasons, but mainly any time they can prevent a foreclosure and receive some money for the property, they are making a better business decision.

Without getting to deep in detail, the process is extremely complicated and takes time, but it can be most rewarding to a seller who has kept good credit only to now face foreclosure and extremely beneficial to a buyer who has the opportunity to purchase a wonderful deal on a great property.  As a real estate agent and CERTIFIED DISTRESSED PROPERTY EXPERTKevin Tolbert of Keller Williams Realty of Port St Lucie, FL has successfully completed many short sales for clients who were so appreciative of the outcome.  In most cases, their properties were even listed with Realtor who feared or failed to grasp the short sale process and didn't even recommend the short sale to the seller.  Because the short sale is a way to sell your home at FAIR MARKET VALUE rather than at the mortgage amount you owe, it allows the seller to lower the price to achieve a sale, rather than sit on the market indefinitely, while still incurring costs to own the home like HOA, insurance, taxes, or other recurring costs.

When you are thinking about a Short Sale Specialist to sell your home in the Port St Lucie, Torino, Tradition FL, Verano, PGA Village, Country Club Estates, Lake Charles, Magnolia Lakes, or Cascades, you need only make one call to have all your questions answered by the one Short Sale Specialist who CLOSES Short Sales more often and faster than any other agent on the Treasure Coast.

Typically for a short sale to be approved by your lender, sellers must have a level of hardship and are behind on their mortgage.  There are generally 4 types of hardships that result in a short sale approval:  Extreme financial hardship caused by change in employment, family status (divorce), death of one of the parties, or increase in mortgage expenses (variable mortgage or escrow).

There are 2 typical types of short sales:  HAFA and traditional.  In HAFA, you normally have a government backed loan (Fannie Mae or Freddie Mac).  In traditional, you don't qualify for HAFA.  You can click on this link HAFA to read all about the qualifications.

Since Jan 1st, HAFA has brought new hope to many desperate sellers and has brought a new selection of buyers to the market for short sales since the traditional short sale of the past could take from 4 months to never and there was no guarantee you would ever be approved to sell or purchase.  HAFA short sales are applied for completely in advance, and once an OFFICIAL APPROVAL is obtained in writing, the seller is given a specific price to sell the home, and specific criteria to present to their Realtor, and when all criteria are met, and a contract is presented for the full price approved by the lender, we can close in as little as 30 days now and if the contract follows the exact criteria of the approval, a closing is imminent instead of the old way of never knowing if it would be approved.  And in some cases, sellers get money back at closing to move out with, and get your entire debt forgiven in writing.  This way your credit in a typical short sale will start recovering in under 2 years, instead of 7 to 10 years with a foreclosure, allowing you to restart your home ownership opportunities.

The following is the best way to start the process:

  1. Goto HAFA and follow the ARE YOU ELIGIBLE to verify.
  2. Even if not, contact a CERTIFIED DISTRESSED PROPERTY EXPERT to help navigate you through the complicated process and help you decide if short sale is the path for you.

Next, before you call Kevin Tolbert at 772-834-0099 in Port Saint Lucie, FL or email me at:, gather the following documentation and be proactive to getting the process started.

  1. 3 months of recent bank statements of all accounts.
  2. 2 years of complete tax returns.
  3. W2's from the past 2 years
  4. 3 recent paycheck stubs.
  5. Copy of most recent mortgage statement on all loans.
  6. Copy of most recent HOA statement
  7. Information on any liens/judgments against your home.
  8. Financial Worksheet (call me for this)

The difference in Kevin Tolbert of Keller Williams Realty of Port St Lucie, FL  and other real estate agents is they do a short sale once in a while because they have to, and I do them everyday because I love to help folks with their distressed situations and because I love to help the buyer who could not afford a home this expensive years ago, now obtain their DREAM HOME at a WORLD CLASS BARGAIN PRICE!

Check out my website for the HUNDREDS of listings in our area at for all the latest data, links to relocation data, ability to prequalify to purchase, and so much more.

Don't wait another day and struggle with indecision.  Let me help you out of your home and allow you the fresh start towards a new beginning.

Call today for your FREE COMPARITIVE MARKET ANALYSIS to establish your homes value and then let's decide together what the best plan of action is right for you.

If you would like to know your HOME VALUE, CLICK HERE for a FREE HOME VALUE ANALYSIS.

Congress has extended this for only 1 more year and it ends December 31, 2013, so we have 9 months left. If you have even thought about Short Selling, NOW IS THE TIME to call Kevin B Tolbert PA at 772-834-0099, no matter where you are in the US, I can find a local partner Realtor to help with short selling your home.

Please follow us on Social media by clicking below:

We are conveniently located in St Lucie West just outside PGA Village and COMING SOON to our BRAND NEW LOCATION directly inside PGA Village.
Call us today and find out why Keller Williams Realty of Port St Lucie in it's first year in Port St Lucie has already become the largest Real Estate Firm in North America.

Posted by

The Florida Tolbert Team, a division of Kevin B Tolbert Real Estate Network

Kevin B Tolbert PA

Keller Williams Advantage III Realty

Keller Williams Land Division

Million Guild Member Certified Luxury Home Marketing Specialist

Certified International Property Specialist

Certified Distress Property Expert

BOLD Graduate X 10 Listing Specialist

9161 Narcoosee Rd, Suite 107

Orlando, FL 32827

Direct:  772-834-0099


To see all our local listings please goto www.SearchforSouthFloridaHome.Com for South Florida and go to for central Florida.

To see all my blogs, please goto



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Home Selling
Florida St Lucie County Port St Lucie St. Lucie West
All Things Florida
Posts to Localism
Short Sales Specialists
Local Expert
HyperLocal Neighborhood and Community Posts
short sale port st lucie
short sale saint lucie west
short sale st lucie west
short sale torino
short sale tradition

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Leah R
You give great advice on starting the shoes sale process. Can you please give advice in buying a short sale.
May 27, 2012 10:54 PM #1
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Million $ Guild Cert Luxury Home KW Land Division

Leah R,

Absolutely!  The ONLY advice you need when purchasing a Short Sale to make sure the home is listed only by a CDPE or Certified Distressed Property Expert and the Realtor that represents you is a LOCAL AREA Certified Distressed Property Expert as it is imperative that a LOCAL REALTOR know the market in which you are purchasing and they can guide the process to a completion.

A Certified Distressed Property Expert can run the comparable market analysis and decide if the SELLER's agent is asking a price that is realistically going to be approved and accepted by the third party lender and advise the buyer if it has a chance of approval.

Short sales do not have to be complicated and take months any longer as banks have set guidelines in place to settle these in under 60 days if the 2 agents involved BOTH know the process.

I personally have no issue with taking over the negotiations from a seller's agent that may not have the experience that I do as my short sales have closed 100% of the time over the last 3 years and averaged under 60 days and 1 that even closed in 19 days.  I have the major lenders on speed dial and know the process thoroughly and can get the deal closed.

There are a few RED FLAGS you should be aware of when purchasing a SHORT SALE.  If the home is a For Sale by Owner, it will never get approved for sale by the lender.  If the home is owned by a Realtor and they are listing it themselves, it will most likely never get approved as they are not at ARM's LENGTH from the process and the lender requires this.

Myself and my team are here to help you purchase your dream home, so please call me today and we will walk you thru the Short Sale process and navigate around the sharks and the mines and guide you thru to a completion and a WIN WIN for all parties.

May 27, 2012 11:17 PM #2
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Million $ Guild Cert Luxury Home KW Land Division

Thank you to everyone that contacted us regarding short selling yoru home.  Glad we could help you in your hour of need.

Aug 12, 2012 12:39 PM #3
Volodymyr Kutsaba
Kevin, I was wondering if you can recommend a professional CDPE in PA area for buying a pre-foreclosure property you can rely on in this matter. Also, what are the chances to have the "fair deal" with distressed properties?
Mar 30, 2014 10:20 AM #4
Dorothy Rauch
Hello Kevin. Could you recommend an agent in the Broward County area? I am trying to help my brother to find and purchase his first home and believe that a short sale buy would be great for him.
Jun 03, 2014 12:28 AM #5
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Florida Tolbert Team Keller Williams Advantage

Million $ Guild Cert Luxury Home KW Land Division
How Much Is My Home Worth? What Can I Sell It For?
Spam prevention

Additional Information