Should I do a Short Sale on my home?
This is probably the toughest decision you ever have to make. You are worried, you do not know what to do, you have hoped that the situation will somehow change but it didn't. You are scared because you do not know what to do and what to expect....... All these thoughts are going through your mind right now and it feels like you are constantly carrying a 50 pound bag around with you.
Manny and I have done a lot of Short Sales for home owners here in the St. Petersburg area over the last few years and we know how you feel. BUT we also know who you feel once the decision is made and the process is started.
Give me a call today 727 410 7777 and I will sit down with you and explain the Short Sale process to you and answer all your questions. Trust me this will help you tremendously and after our conversation it will be much easier to make a decision.
You are upside down on your house or condo, your partner has lost his job and no new employment in sight? You have exhausted your savings and maxed out the credit cards to make payments? You have health problems and just can't make the money you used to make? You are in a divorce situation and everything will change in your life? You need to move up north to help out your parents? You are afraid the new flood insurance bill will be way too high? It’s time to make one of the hardest decisions to sell your home or condo as a Short Sale.
The sooner you are facing it heads on, the sooner you will be able to get this chapter out of your life and behind you.
There is a lot of helpful information on various websites. To gather all this information and to make sense out of it, might be a bit overwhelming. The first rule in a Short Sale situation is "don't get frustrated"
Same rule applies for dealing with your bank. Perhaps you already reached out to your bank and applied for a loan modification. If you don’t qualify, let them know that you can’t make the mortgage payment any longer on your home or condo and that you have to sell the house and it looks like a Short Sale.
The Lenders will tell you, to hire a Short Sale Realtor, in order to list the home as soon as possible. It is really important, to select the right Agent. Someone, who will be straight forward with you, and has knowledge of the Short Sale process.
Here is a letter/ testimonial that we got from one of our short sale sellers.
I am writing this with hopes that you will find it useful in choosing South Beaches Real Estate Professionals when buying or selling your house. They recently completed a short sale of my primary residence in Pinellas County and the whole process was handled with professionalism, promptness and expertise beyond my expectations.
As a first time homeowner who now needed to sell my house quickly due to a job transfer, I had no previous experience in handling and negotiating the myriad of decisions and legalities involved. Despite the endless amount of information available via the Internet and much time spent to become more knowledgeable with what I needed to do and understand to sell my house, I found it overwhelming; there was too much information and I did not know who and what to trust for competent guidance. It was clearly a buyers market and I had no idea how to make my house sell quickly when there were so many others also for sell.
Fortunately, I followed my instincts and contacted South Beaches Real Estate Professionals after visiting their website.
From our first phone contact and subsequent meetings, both Anne Hensel and Manuela Baginski, were punctual, thorough, excellent communicators who answered all my questions, explained the p clearly, and treated me with individual attention. Although they were other countless properties also for sell that were well above my price range, they both regarded me with the same level of respect and kindness that clients with million dollar properties are shown. They always responded quickly to any questions I had and always kept me informed on where we were in the whole process from the initial first offer through the closing date. Knowing at all times where we were in the negotiating process with the buyer and bank was key to easing my concerns with the pressure of relocating to another area and job transfer taking a lot of my time and attention.
As a result of their dedication and professionalism, a buyer with an acceptable offer was found in a matter of days.
I was able to relocate to my new work location and not worry about having to sell my house. They took the stress and pressure off of me and I could adjust to my new surroundings.
Other than telling them what my needs were and providing required documents, I had nothing else to do; no endless phone calls and voice mails, no confusing form letters from the bank. I had complete faith in South Beaches Real Estate Professionals from the very beginning and they never disappointed or misled me.
They kept their word, always did exactly what they promised and showed much care and sensitivity to my needs and concerns. How often can you say that about the people you deal with every day?
Whether you are a buyer or seller, save your valuable time and money, by contacting South Beaches Real Estate Professionals to discuss your real estate needs. You'll be treated with a level of expertise and individual attention that is rarely found in today's world.
Please give a quick call 727 410 7777 with any questions you might have.
When you list your property as a Short Sale with us, you are not alone. We will walk you through the short sale process step by step and we are always here for you to listen, give you feed back, bounce ideas around and give you helpful tips.