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Short Sale And Foreclosure In Sarasota, Venice, Bradenton, Lakewood Ranch

By John Michailidis

Real Estate Broker/Owner with Real Property Management of Sarasota & Manatee

May 13, 2011 08:50 AM

Sarasota Foreclosure Help - Stop Foreclosure In Sarasota - FREE information on Foreclosure Defense, Mortgage Modification, Tax Consequences, Deed-in-lieu-of-foreclosure, Short Sales, Deficiency Judgments, Bankruptcy Referrals & more. John Michailidis, SaraMana Properties – Phone: (941) 822-5221

Short Sale And Foreclosure In Sarasota, Venice, Bradenton, Lakewood Ranch ...

Because of the many legal uncertainties surrounding the ways in which the nation's criminal banking syndicates (B of A, Citi, JP Morgan/Chase, Wells Fargo, Goldman Sachs, etc.) have been conducting Foreclosures, anyone involved in such transactions (including homeowners) have no way of knowing how such transactions may come back to "bite them in the ass" over the coming years.

Consider this excerpt from a 5/12/11 Wall Street Journal article by, Alan Zibel, in which he cites the head of the U.S. Federal deposit Insurance Corporation:

Successful Short Sale - SaraMana Properties - Florida The head of the Federal Deposit Insurance Corp. is warning that flaws may have “infected millions of foreclosures” and questioned whether other regulators' inquiries into problems at the nation’s mortgage-servicing companies have been thorough enough. “We do not yet really know the full extent of the problem,” FDIC Chairman Sheila Bair said Thursday in written remarks submitted to a hearing of the Senate Banking Committee. “Flawed mortgage-banking processes have potentially infected millions of foreclosures, and the damages to be assessed against these operations could be significant and take years to materialize.”

With such uncertainty regarding the long-term repercussions of Foreclosures, many thousands (yes, you are not alone) of Sarasota, Bradenton, Lakewood Ranch and Venice Florida homeowners facing Foreclosure are seeking competent Short Sale advice. When it comes to Short Sale and Foreclosure issues, Short Sales are proving to be the smartest Foreclosure Avoidance option.

The SaraMana preForeclosure & Short Sale Assistance Team helps Short Sale Buyers, and Property Owners in Sarasota, Lakewood Ranch, Bradenton, Venice and throughout Manatee & Sarasota Counties Florida to STOP Foreclosure, potentially Avoid Deficiency Judgments, Successfully Short Sale their homes, and move on with their lives.

For more information, Call 941-822-5221, or use this ONLINE FORM.