St. Petersburg Pinellas County | home owner's first mistake when doing a short sale

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Real Estate Broker/Owner with South Beaches Real Estate Professionals BK 652174

 

St. Petersburg Pinellas County, first mistake homeowners make when doing a Short Sale

 

A lot of sellers wait way too long before they start the Short Sale process here in St. Petersburg Pinellas County. Keep in mind, the bank is not waiting forever to start your foreclosure process. The moment you realize that you won’t be able to make your mortgage payments anymore, do 2 things. A - Call your local Short Sale Realtor and get a free, no strings attached consultation and a comparable market analysis. This is very important, you need to know how the Short Sale process works and you need to know what to expect.

 

B – Call your bank and see if you qualify for a loan modification.

 

I understand that we all think, it is going to get better soon, I am just having difficulties this month, I will be ok next month. etc. Nobody wants to do a Short Sale, it is against all the values we grew up with BUT look around, you are not the only one here in Pinellas County St Petersburg. A lot of people are in the same situation and really do not have a choice. Pick up the phone today and get started, you will feel much better after you have talked to your Short sale Realtor.

 

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Real Estate General Information
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Florida Pinellas County Saint Petersburg
Tags:
short sale foreclosure process in saint petersburg florida

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Rainmaker
228,991
Coldwell Banker Camelot Realty
Coldwell Banker Camelot Realty - Mount Dora, FL
Homes for Sale Mount Dora Realtor

Anne,

 

That's great information.

Starting early on a short sale gives the seller more options.

I read where a few of the major lenders are offering homeowners cash incentives to complete a short sale.

Keep writing great article.

Jul 16, 2011 01:30 PM #1
Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Anne

Thanks for sharing your insight on a challenging issue.

Good luck and success.

Lou Ludwig

Jul 16, 2011 04:23 PM #2
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Anne - great advice, so many people do qualify for a loan modification and don't even attempt it!

Jul 20, 2011 02:38 AM #3
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Rainmaker
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Anne Hensel

Realtor - Broker - St. Pete Beach, Treasure Island
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