Summerfield Homeowners Seeking Foreclosure Relief Opt for Short Sales in Lakewood Ranch Florida
Summerfield homeowners are facing the same Foreclosure issues that the rest of Florida Gulf Coast property owners are facing. As incredible as it may seem, nearly 50% of Manatee County homeowners are "upside-down" on their mortgage balance -- meaning the remaining mortgage balance is higher than the current resale value!
Given the staggering numbers, Short Sales are becoming increasingly popular with both owners and lenders as a viable and less costly alternative to Foreclosure. Less costly for lenders, because they avoid the expense associated with foreclosing on a property; less costly for homeowners, because they avoid the social stigma, and long-term negative financial impact that having a foreclosure on one's credit history brings.
The SaraMana preForeclosure and Short Sale Assistance Team has helped many area families to navigate the Short Sale process, Avoid Foreclosure, and move on with their lives. For a FREE, Confidential Consultation to determine what options might be best for you, call us at 941-822-5221, or CLICK HERE to complete the online form.