There is amazing national statistics.
Most homeowners, 70 percent nationally, don't even try to short sell their home before it goes in to foreclosure.
In a state such as Florida where more than 50 percent of homeowners are upside down in their home it doesn't make sense.
There are teams such as ours that focus on helping homeowners short sell their home.
The advantage is less of a hit on their credit and possibly negotiating with the lender to get them out of their home without taking a large financial hit or further credit or debt consquences.
We are starting to hear horror stories of people who went in to foreclosure and now the lender has sold their note to a collection agency.
With a short sale we are seeing clients two years later back in the housing market taking advantage of those great prices.
Greg Owens P.A.
Realtor Keller Williams On the Water
941.932.6343
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