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Just Because You've Already Tried a Short Sale and Failed Doesn't Mean You Can't Succeed With A Short Sale . . .

By
Real Estate Broker/Owner with Real Property Management of Sarasota & Manatee

Sarasota Short Sale Agent - Venice Stop Foreclosure - Bradenton Short Sale Help – FREE information on Foreclosure Defense, Mortgage Modification, Tax Consequences, Deed-in-lieu-of-foreclosure, Short Sales, Deficiency Judgments, Bankruptcy Referrals & more. John Michailidis, SaraMana Properties – Phone: (941) 822-5221

Sarasota, Bradenton, Venice, Manatee County, FL, Stop Foreclosure, Short Sale


 

Just Because You've Already Tried a Short Sale and Failed Doesn't Mean You Can't Do A Short Sale . . .

There is absolutely no reason to allow your home to go into foreclosure -- NONE!

 

If you've tried to get a loan modification, but were stymied by the paperwork . . . if you've tried to refinance, all to no avail . . . if the bank said a "deed-in-lieu" is not for you . . . if you got yourself mixed up with an inexperienced, or inept real estate agent . . . and worst of all, if you've been hiding your head in the sand pretending that the problem would just take care of itself . . . it's time that you realize that there is a fairly easy way out of foreclosure!  A way that virtually every lender encourages and approves, but one that almost always fails if not done absolutely correctly!

 

Short Sale Sarasota, Bradenton, Venice, Lakewood Ranch, FLIf you've attempted a short sale and failed, I can virtually guarantee that it wasn't because the bank didn't want to allow it, but because somewhere along the way the person handling the transaction/negotiation went about it the wrong way.

 

I can't tell you the number of times a homeowner facing foreclosure has told me, "We tried a short sale and it didn't work out," only to have my team and I pick up the ball and bring the transaction to a successful close.

 

"Just because you've already tried a short sale and failed . . ."

 

Just because you've already tried a short sale and failed, is no reason to give up.  While nothing when dealing with banks and banksters is ever 100% guaranteed, the odds are fair to good that you'll get it done the second time around. It may be a simple case of your bank having needed more time than logic would dictate to accept market realities.

 

 

The SaraMana preForeclosure & Short Sale Assistance Team helps Short Sale Buyers, and Property Owners in Sarasota, Lakewood Ranch, Bradenton, Venice and throughout Manatee & Sarasota Counties Florida to STOP Foreclosure, potentially Avoid Deficiency Judgments, Successfully Short Sale their homes, and move on with their lives.

For more information, Call 941-822-5221, or use this ONLINE FORM.


CLICK to Request Our FREE 48-page Foreclosure Options eBook

 

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All the best!
Real Property Management of Sarasota & Manatee
of Sarasota & Manatee

Office: 941-225-8183

Web:
www.SaraMana.RealPropertyMGT.com

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Comments (11)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Amen

I have done short sales when they have failed before.  Or even when the bank refused the short sale twice before.

Jun 25, 2011 06:15 PM
John Michailidis
Real Property Management of Sarasota & Manatee - Sarasota, FL
Real Property Management of Sarasota & M

@Tim: ;-)

Jun 25, 2011 06:27 PM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

You're right.


I closed escrow on a short sale last month. This is the second time we attempted a short sale. The first time was in October when we were shot down by the negotiator at the time. Reason being my client was still trying to make payments (car, house) and hadn't missed one. But her mortgage was re-setting to a higher rate, she just got divorced, her hours were cut. Apparently this wasn't enough.

So we waited a few months.Tried again...but this time, the seller has missed some payments. And we were able to get a negotiator who was more sympathetic.

Don't give up!

Jun 25, 2011 06:33 PM
John Michailidis
Real Property Management of Sarasota & Manatee - Sarasota, FL
Real Property Management of Sarasota & M

@Pacita: Agreed!

Jun 25, 2011 06:45 PM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

It's amazing how you can get things accomplished  when you follow instructions...thanks for sharing.

Jun 25, 2011 06:52 PM
Sidney Kutchuk
Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 - Temecula, CA
Property Management & Sales Experts 951-217-6745

I agree,sometimes it does take two no's to get a YES.
I tell this upfront to my seller's so it is not a shock should we get a NO.

Jun 25, 2011 07:09 PM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life
John - Nice post for those folks in your area who are in need of such services. The only thing more powerful than persistence is having knowledge on your side. Interesting times we live in ...
Jun 26, 2011 02:53 AM
C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

John, 

Very good point on your blog.  Just because you tried and failed, does not mean that you can't ducceed.  With the proper representation, anything is possible

Jun 28, 2011 12:32 PM
John Michailidis
Real Property Management of Sarasota & Manatee - Sarasota, FL
Real Property Management of Sarasota & M

@C Lloyd: Agreed!

Jun 28, 2011 02:50 PM
Doug Anderson
Tucker Associates Real Estate Services - Danville, CA
Bay Area Real Estate Views

John - Persistence works and I think the short sale process will get a little easier. One of my partners had a counter on a short for her buyer two days ago and she sent back the cancellation....low and behold the bank came back and said please don't go away...now in contract.

Jun 28, 2011 06:25 PM
John Michailidis
Real Property Management of Sarasota & Manatee - Sarasota, FL
Real Property Management of Sarasota & M

@Doug: That is fantastic news!

Jun 28, 2011 06:38 PM