Sarasota Short Sale Agent - Venice Stop Foreclosure - Bradenton Short Sale Help – 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 Option For Sarasota Property Owners Behind On Mortgage Payments
For property owners behind on mortgage payments, there are realistically only three possible outcomes:
- Foreclosure -- ruin your credit and finances for up to a decade.
- Pay Up (including penalties, fees, and interest) -- not very likely.
- Short Sale -- almost guaranteed, and it's the least destructive to one's credit and finances.
A Short Sale is nothing more than the sale of a property to a ready, willing and able buyer for full, current, market value. Because current market value of a Short Sale property is below the mortgage payoff balance, permission must be obtained from all mortgage holders to which money is owed.
Surprisingly, because of the legal and administrative expenses involved in Foreclosing, almost all lenders are amenable to reasonable Short Sale offers (reasonable being offers that are in line with "current" sale prices for similar properties).
That said, the banks are extremely inefficient and overburdened by the Foreclosure Crisis their practices initiates, so it is not atypical for a Short Sale to be "dis-approved" (declined) because of an inexperienced agent/broker who is unable to successfully navigate the system.
Only an Experienced Short Sale Management Professional can be counted on to deliver a Short sale Approval in 90+ of instances where a genuine homeowner hardship can be demonstrated.
For Sarasota & Manatee County Florida homeowners behind on your mortgage, there is a highly effective group of state licensed brokers and attorneys ready to serve YOUR needs . . .
The Florida Foreclosure Ender Short Sale Assistance Team helps Short Sale 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.
- Professional Short Sale Management.
- No-Fee! Foreclosure Defense Attorney referral and initial consultation.
- No Fee! Ch 7 & Ch 13 Bankruptcy Attorney referral & initial consultation.
For more information, Call 941-822-5221, or use this ONLINE FORM.
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