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SHORT SALE TIPS FOR STONEYBROOK HILLS OF MOUNT DORA FL HOMEOWNERS

By
Real Estate Broker/Owner with Coldwell Banker Camelot Realty 20566

SHORT SALE TIPS FOR STONEYBROOK HILLS OF MOUNT DORA FL HOMEOWNERS

 

A home can be sold as a "Short Sale" whenever it is sold for less than the amount owed on the mortgage. 

The mortgage lender must agree to accept less than the full amount due on the mortgage. 

 

SHORT SALE TIPS FOR STONEYBROOK HILLS OF MOUNT DORA FL HOMEOWNERS

 

This is my strategy for helping you with your short sale.

I have an 89 point marketing plan that focuses on selling your home for top dollar in the shortest amount of time.  Meanwhile, the legal experts work out the details of your short sale with your lender.

Our Last Short Sale in Stoneybrook Hills Mount Dora had a contract on it within 9 days.  We work with buyers that are looking for short sales that actually close.

 

 

 

You found me because you are reading this article, Right? 

 

Then I can find a buyer for your home and put you in touch with the best short sale legal teams in the Mount Dora area.  Want to learn more?  I can be reached at 352-978-8551.

 

 

As your real estate professional I use attornies to get your short sale approved for the following reasons:

 

  • They work with lenders everyday
  • Your personal and financial information is kept confidential (not left sitting on a fax machine in some real estate office.)
  • Attornies are legally allowed to negotiate the terms of your short sale
  • Real Estate agents cannot give legal advice or negotiate the terms of your short sale
  • Attornies and their staff work as your advocate
  • This is what they do and they have access to the latest information in the area of short sales.

 

 

These SHORT SALE TIPS FOR STONEYBROOK HILLS OF MOUNT DORA FL HOMEOWNERS have worked for numerous customers in the Mount Dora area.

 

More Information on the short sale process:

The homeowner must meet specific requirements in order to qualify for a short sale.  

 

The seller must show they are suffering from a financial hardship.

Some of the more common hardship reasons include:

  • Laid off or loss of employment
  • Business Failure
  • Change in marital status
  • reduction in income
  • Illness
  • Death of a spouse or family member 

 

Lenders require a wide array of information from the Seller, Realtor and Closing agent.

 

  • Signed financial statement and monthly expenses
  • Brief handwritten and signed hardship letter (Maximum one page)
  • recent pay stubs (last 60 days)
  • Last two bank statements
  • Latest mortgage statement
  • Signed Listing agreement
  • Photo of property from real estate agent
  • Copy of contract for sale from closing agent
  • Estimated HUD-1 if under contract from closing agent
  • Executed Authorization to release information
  • Other documents deemed required by the lender or investor

 

 SHORT SALE TIPS FOR STONEYBROOK HILLS OF MOUNT DORA FL HOMEOWNERS

I Sincerly look forward to helping you through this challenging time by providing you with compassion, professionalism and by utilizing all of the talent and experience of what I truly believe is the best short sale team in the Mount Dora area.  I stand ready to help.  I can be reached at 352-978-8551.

 

 

 

This article is not legal advice and the material provided here is for informational purposes only.  I do not collect any up-front fees.  I do not get paid until the home is sold.  My fees come solely from the sale of the home.  If you are considering a short sale it is strongly suggested that you seek legal and/or tax advice.

 

 

SHORT SALE TIPS FOR STONEYBROOK HILLS OF MOUNT DORA FL HOMEOWNERS

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Ray and Karen, it really does take a team to sell a short sale property.  Home owners would be doing well to follow your guidance.

Aug 17, 2011 11:26 AM