Sarasota Short Sales – Buyers vs. Players
Beware Short Sale “Get Rich” Schemes In my Sarasota Short Sales Office right in downtown Sarasota, I am constantly bombarded with emails from so-called “short sale experts” who, for a nominal fee, will reveal secrets on how to become wealthy through the buying and selling short sales in Sarasota and beyond. Some even claim that [...]
Should I Pay for Property Insurance on a Short Sale?
Sarasota, FL – Normally when a mortgage is in default, the lender (mortgagee) will continue to pay the property taxes and property insurance through the property owners (mortgagors) established escrow account, which is managed by the mortgagee. However, what happens if there is not an established escrow account or there are not sufficient funds in [...]
Short Sale Unilateral Contract
Sarasota, FL – Many homeowners are misled into signing unilateral contracts when they short sale their property. Often this has unfavorable results for the seller when they later discover they have kept their home off the market for a buyer who was never serious about purchasing their property. So what is a unilateral contract and [...]
3 Key Tips When Facing Foreclosure
Sarasota, FL – When you’re suffering from financial hardship, it’s common to feel overwhelmed and even paralyzed by depression over your circumstances. As experts on Real Estate Short Sales in Sarasota and Florida, we have helped many homeowners transition from despair to relief. In fact, our team leader, Troy Funk, has faced foreclosure himself, and [...]