I am a Short Sale Specialist and a licensed realtor in Florida. I specialize in short sales and have years of experience working with lenders to obtain reduced payoffs on mortgages.
I can help you avoid foreclosure, educate you on the alternative options with your lender and handle all the details involved in a successful short sale. I can also educate you on two of the most important issues when doing a short sale: deficiency judgments and tax implications.
Defaulting on your mortgage or not being able to sell your home can be a difficult situation. Many homeowners know they are heading into default, even if they are not behind on payments yet, or may already be in foreclosure. Most homeowners are unaware that they do have options before their bank or Mortgage Company takes back their house. A short sale can minimize damage to your credit and allow you to sell your home quickly- even in this market.
My clients experience these benefits:
- Avoid the credit score damage that comes with foreclosure
- Experience a quicker financial recovery
- Avoid foreclosure entirely
- Live in the property without paying the mortgage for up to 1 year or more
When is it a good idea to negotiate a short sale?
- The property has no equity
- The loan amount is higher than what the property is worth
- The homeowner is facing foreclosure due to missed mortgage payments
- The property's physical condition does not allow for a Fair Market Value Sale
- Financial hardship including medical problems, job loss or divorce
- Relocation out of state
My short sale services include:
- Finding a buyer for your property- quickly!
- Negotiating with your lender for a reduced payoff
- Protecting you against deficiency judgments
- Handling all the paperwork and processing that goes with completing a short sale
- Facilitating the closing with all parties
I can also help you educate yourself about some of the potential negative aspects of a short sale:
- Tax implications
- Deficiency Judgments
- How it will effect your credit
- Timeline
As always, if you have a question or would like a private consultation regarding your own property please contact my office at 321.914.4409 or email me at: avery@spacecoast1.com. I am here to help!
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