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SHORT SALES Vs FORECLOSURES? WHICH IS THE CORRECT CHOICE? YOU DECIDE!

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

Today the Washington post released this article WASHINGTON POST INVESTIGATION June 16, 2013 and shows that a little known problem with Foreclosures is THERE IS NO GUARANTEE of WAIVER of Deficiency Balance, and that it is suspected the banks may have been planning this all along.

It seems that in a foreclosure, the banks are keeping their ability to pursue a deficiency balance intact and they are now filing lawsuits years later when you have recovered and finally are on the path to financial recovery. 

So let's talk a moment about SHORT SALE vs FORECLOSURE and just how Kevin B Tolbert PA of Keller Williams realty of Port St Lucie is the only person you need to call to SHORT SALE your home today. 

SHORT SALE:

1.  In nearly every occasion, I have gotten my sellers money back at closing for relocation.

2.  In every occasion, my sellers have gotten a DEFICIENCY WAIVER 100% of the time.

3.  And I have successfully closed all but 1 short sale over the last 3 years.

4.  In a Short Sale, you can obtain new home mortgage in as short as 2 years in most cases and new credit even sooner.

FORECLOSURE:

1.  Bank reserves the right to pursue a deficiency infinitely.

2.  You walk away with no moving expeneses. 

3.  And you cannot repurchase another home for in most cases 3 to 7 years and then only if you pay off your deficiency balance from previous foreclosure.

If you are still underwater in your home and you are ready for a FRESH START in the Port St Lucie, FL area or anywhere in the country, then call Kevin B Tolbert PA of Keller Williams realty of Port St Lucie today and let us help you get back on the road to recovery.

Even if you are not in Florida, I have partner Real Estate Professionals in all 50 states that will assist you with the listing and then defer to my expertise and RECORD CLOSING TIMES on short sales for the negotiation with your lender(s). 

Yes, folks, no matter where you are in the United States, you can now use the Nations Short Sale Record Holder in closing of short sales.  I have a 12 day closing this year with Bank of America, 11 days with Wells Fargo, 19 days with Chase, and I average under 30 days from contract to closing on most. 

Please do not waste another moment as this is most likely the last year for Short Sales. 

See this article to find out why:  HUGE NEWS! The Mortgage Forgiveness Debt Relief Act and Debt Cancellation 2007 EXTENDED for 2013

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If you are underwater in your current home, and want to know if you qualify for a short sale, CLICK HERE.

If you want to know what your home is worth, CLICK HERE.

The Congress has extended this for only 1 more year and it ends December 31, 2013, so we have 1 more year. If you have even thought about 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.

And it is now officially less than one year to our GRAND OPENING inside PGA Village at the former Welcome Center at 9700 Reserve Blvd, Port St Lucie, FL 34986.

To all the fine folks of PGA Village and PGA Verano, our fine agents and the largest Real Estate Company on the Treasure Coast stand ready to assist you with all your Real Estate needs from our temporary office just across the I-95 in St Lucie West until we move into our new LUXURY OFFICE of over 13,000 sq feet on April 15th, 2014.

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 St Lucie County as of 2012 and the largest Full Service Real Estate company in the United States.

Posted by

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

Kevin B Tolbert PA

Accredited Land Consultant

Keller Williams Advantage III Realty

Keller Williams Land Division

Million Dollar Guild Award Certified Luxury Home Marketing Specialist

Certified International Property Specialist

Certified Distress Property Expert

BOLD Graduate X 16 Listing Specialist

9161 Narcoosee Rd, Suite 107

Orlando, FL 32827

Direct:  772-834-0099

Email:  fltolbertteam@gmail.com

To see all our local listings please goto www.kevinbtolbert.kw.Com.

To see all my blogs, please goto www.kevinbtolbertpa.com

 

Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Kevin, I have been able to get some clients into another home in 3 years after foreclosure. They did have good income, credit scores and re-established credit.

Jun 16, 2013 06:16 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kevin, You know your stuff, keep up the good work!

Jun 16, 2013 07:12 AM
Scott Larson
BHHS/Utah Properties - Park City, UT
Park City, Utah Real Estate News

Your record speaks for itself Kevin.  Anyone under water and in trouble should call you right away and see what their options are for moving forward and starting a new life.

Jun 16, 2013 09:54 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Debbie,

We know the rule of thumb is 3 years, but not everyone gets themselves back up to credit standards fast enough.

They are not all blessed with a great realtor or financial advisor to guide them. 

Jun 16, 2013 10:49 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Will,

I do and I am more than willing to share so if you are uncomfortable with short sales, i do offer help. 

Jun 16, 2013 10:50 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Scott,

Thanks so much and I will certainly keep you in mind for Utah area. 

Jun 16, 2013 10:51 AM