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Florida Short Sale – The Advantage of Hiring Experts

By
Real Estate Agent with The Palm Beach Group

Finding out you have an upside down mortgage is indeed frustrating especially if you are at risk of losing your home to foreclosure. The good news is you can explore a Florida short sale in order to save yourself from such a traumatic experience. The first step you should do is look for short sale experts who can truly help you.

Here are some of the things you could use help with:

1. Drafting the Hardship Letter – Although you might think you only need to inform your lender of your financial difficulties, having a professional at your side will ensure your message will look and sound sincere.

2. Getting a BPO – A Florida short sale expert knows the importance of obtaining a good BPO in order to truly know the value of the property and be able to show the lender there is a difference between the selling price and the appraised value. Typically this is ordered by your lender.

3. Preparing the Short Sale Package –A professional will provide proper assistance when it comes to completing all the documents you need to prove your financial status. Also, all forms required by the lender will be accomplished correctly.

4. Talking with the Buyer – Your Florida short sale agent will ensure buyer interest is maintained especially during delays.

5. Negotiating with the Lender – Any negotiations with the lender involving the property will be handled skillfully by the short sale professional attorney’s office. You can rest easy knowing that you are in capable hands.

Even with these professionals assisting you, you still need to do your homework in order for you to understand fully what you are going through. Remember, a Florida short sale transaction can take longer than ordinary sales transactions and it will require a great deal of patience on your part.

To get you through the waiting period, you can depend on our team to help you through the process. A Florida short sale transaction will bring you a release of all the stress the property carries. Not only will you avoid foreclosure, but you will also protect your credit.

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Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Jared - You are absolutely right. Sellers who are "upside down" on the mortgages should always use a Realtor who is an expert in short sales and not just their favorite Realtor who did a good job for them in a normal market.

Aug 24, 2010 05:55 PM